Misconceptions

Technology has been quite a godsend for fraudsters. In the past, if you wanted to recreate a valuable painting you needed to painstakingly paint it, or if you wanted to open a fraudulent bank account, you had to physically grow a moustache to fool a bank teller. But these days, it's much easier. To beat two-factor authentication, scammers can simply transfer your phone number to a new SIM card and gain access to every penny you own.