‘Surge in ‘number spoofing’ fraud: Fraudsters trick bank customers into handing over cash with new phone trick

Fraudsters are using a new simple telephone scam to trick people into believing they are speaking to a trusted organisation – usually a bank – by making a legitimate number appear on their caller ID display.

In what has been branded ‘number spoofing’, fraudsters clone the telephone number of an organisation they wish to impersonate and make it appear on the caller ID display seen by their intended victim.

The scammer gains trust by drawing attention to the number on the display and uses this as proof of identity in order to disguise the fraud.

Read more: http://www.thisismoney.co.uk/money/saving/article-2811096/Surge-number-spoofing-fraud-New-phone-scammers-trick-bank-customers.html#ixzz3Hi6Ce4Bf