SMS Spoofing Used to Swindle Retailers & Merchants
Websites that allow an individual to send a text message to any number are being used by fraudsters to send fake transaction messages impersonating a legitimate bank. The ability of these websites to modify the sender name of the SMS, i.e. to spoof any genuine entity, is what the fraudsters exploit for their benefits and typically form part of a larger scam chain. Numerous cases have been brought to the authorities regarding such SMS spoofing websites, which have called for legal proceedings against such service providers. These kinds of websites have continued to thrive exponentially.