Crooks like to take your telephone number. It, they can set up a new cellphone with that number – and receive all of your calls and text messages if they can get. They could deliver communications to your pals and peers tricking them into doing a number of bad things. And, if you utilize multi-factor verification for social networking sites or online banking – they could get those communications also, possibly, in many cases, providing them with usage of your social media marketing accounts and bank records. Ouch!
And also this scam is going on now – and you can find multiple reports of significant amounts of cash being taken from bank reports because of this. But, you certainly can do a great deal to avoid it, it works if you know how.