SIM Swap Fraud
Contact a SIM Fraud Lawyer
The attorneys at Stoltmann Law Offices have years of experience representing SIM Swap victims on a contingency fee basis against these telecom giants through arbitration proceedings across the country.
SIM Swap Fraud
In today’s world, your cell phone is everything; it’s your connection to work, email, family, social media, entertainment, and bank and financial accounts. The security of your mobile device is therefore increasingly important to prevent unauthorized access to your phone and to prevent take-over frauds. We secure access to our actual phone through passcodes and increasingly through biometrics like a thumb print or facial recognition. These safeguards work pretty well. Even if someone steals your phone, it’s not likely that they will get into it.
What is a “SIM” and How Do Thieves “Swap” Them to Their Device?
A “SIM” (which stands for Subscriber Identification Module) is a chip or card in your phone that contains data necessary to connect your device to the cellular network. Without a functioning SIM, your phone cannot connect to the cellular network or the “service” you pay for. These SIMs can also be electronic and are called eSIMs. Almost all SIM swaps are legitimate. If you buy a new phone, lose your phone, or if your phone is damages beyond repair or lost, you obviously want to keep your phone number. To get your new phone to work on the cellular network with your number, your mobile account needs to be transferred to the SIM in the new device – A SIM Swap. Cellular customers request SIM swaps in three primary ways. 1) through an in-store visit; 2) over the phone; or 3) through your mobile online account. All three of these options require the telecom to authenticate the legitimacy of the SIM swap request before executing it.
Contact a SIM Swap Lawyer
T-Mobile, AT&T, Verizon, or whatever company was responsible for swapping your SIM, has liability for their roles in facilitating the theft of your funds. The attorneys at Stoltmann Law Offices have years of experience representing SIM Swap victims on a contingency fee basis against these telecom giants through arbitration proceedings across the country.
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Since its inception in March 2005, Stoltmann Law Offices, P.C. has dedicated its practice to representing investors in lawsuits and arbitration claims against brokers, financial advisors, investment advisors, and the companies they work for. Our Chicago investment fraud attorneys offer their clients a combined 35 years of experience fighting for investor rights from offices in Chicago, Illinois and suburban Barrington, Illinois and Downers Grove, Illinois.
The attorneys at Stoltmann Law Offices have dedicated their life’s work to representing investors who have been cheated or defrauded by those professionals they trusted with their hard-earned money and retirement savings, recovering in excess of $100 million for investors over the years.