Tag Archive for: TMobile
T-Mobile Sued for Security Lapses Over Cryptocurrency Costing Customer $750k
T-Mobile caused one of its customers to lose 3/4 of a million bucks, and the guy who’s out the money is now suing the phone company, claiming its security sucked so bad, someone just up and stole his money.
Calvin Cheng claims T-Mobile violated Federal laws that impose security regulations to ensure against hacking and outright stealing.
Cheng claims he’s a customer of a company called Iterative … a hybrid investment fund focused on crypto trading. He says in 2018 T-Mobile was the victim of a SIM-swap — where a criminal third party convinces a wireless carrier to transfer access from one of its legitimate customers to a SIM-card controlled by the criminal.
Cheng alleges in 2020 … T-Mobile allowed one of these criminal third parties access to Iterative’s founder. The criminal third party, posing as the Iterative founder, convinced Cheng to send 15 Bitcoins to a digital wallet … which he believed was controlled by Iterative. He was expected to cash it in for U.S. dollars but never received them.
He seems to be pegging the price of Bitcoin at the time of the fraud at $50,000 a pop — hence the $750k in damages — although now its value has plummeted to just under $30,000 a coin.
Cheng says T-Mobile’s security lapses were a direct cause of his loss.
In addition to the $750,000, Cheng wants punitive damages and other costs.
We reached out to T-Mobile … so far, no word back.
T-Mobile Employee Scuffles With Armed Robber – NBC Los Angeles
An determined employee at a T-Mobile store in Orange County tried to stop an armed robbery caught on security camera video by tackling one of the thieves.
The video shows a man attempted to distract the employee Tuesday afternoon as another man walked into the Seal Beach store and clipped the security cable on a cellphone, police said. The employee saw what was happening and confronted the man in a corner of the store.
The two struggled inside the store for a few seconds, during which the robber almost lost his pants, before the scuffle spilled outside onto the sidewalk. Eventually, both men got away.
“After fighting for a several seconds, the suspect was able to get away from the employee and ran through the parking lot,” Seal Beach Police said in a statement. “Both suspects fled the scene in a gold-colored Lexus sedan prior to police arrival.”
A witness told police at least one of the men had a firearm. The weapon was not discharged and no injuries were reported.
Two women were inside the store at the time.
Police released the security camera video in an effort to identify the robbers. Anyone with information is asked to contact detective Ryan Bedard at 562-799-4100 ext. 1113 or [email protected].
Chase Bank, Walmart, T-Mobile, Home Depot, Louis Vuitton, and MORE — Top Scams and Phishing Schemes of the Week
This week we’ve found a large number of scams that you need to watch out for, including ones relating to Chase Bank, Walmart, T-Mobile, Home Depot, and Louis Vuitton. Would you have been able to spot all the scams?
Phishing Scams
Phishing is one of the most commonly used tactics by scammers. Conventionally, while impersonating famous brands, they send out fake text messages and emails containing phishing links and try to entice you into opening them with various lies.
In such phishing schemes, the links lead you to fake log-in pages that appear to belong to various brands. These pages require you to submit log-in credentials to download a software update, change account settings, or whatever other tasks the scammers have asked you to complete. Here are some examples:
Chase Bank
Did you receive a text message from Chase Bank that says your account is blocked due to “suspicious sign-in attempts”? Don’t click on the link!
Scammers pose as Chase and send you such fake alerts, prompting you to click on the embedded links to verify your Chase account. Below are some other fake Chase text messages we’ve detected:
- CHASE BANK[ALERT]: Dear customer, we have BLOCKED a fraudulent charge attempt on your DEBIT CARD. your DEBIT CARD has now been temporarily suspended kindly go to link to verify and re-activate {URL}
- CHASE-ALERT: For Your Account Safety We Restricted Your Debit/ATM Card Due To Unusual Activity, To Restore Follow {URL}
The phishing links will take you to a fake Chase log-in page. All the credentials you submit here will end up in the scammers’ hands — they can thus hack into your Chase account. Don’t let them!
Surf the web safely with Trend Micro Check (it’s free!)
Trend Micro Check is a browser extension and mobile app for detecting scams, phishing attacks, malware, and dangerous links — and it’s FREE!
After you’ve pinned the Trend Micro Check extension, it will block dangerous sites automatically! (Available on Safari, Google Chrome, and Microsoft Edge).
You can also download the Trend Micro Check mobile app for 24/7 automatic scam and spam detection and filtering. (Available for Android…