# SIM Swap Scam Leads to $125,000 Theft

An episode of [The Perfect Scam](https://invisiblenetwork.ai/podcast/1362050907), 6 Mar 2026, 43 min.

Audio: https://traffic.libsyn.com/secure/perfectscam/tps_s23_ep248_SIM_card_swap_scam_final_mix.mp3?dest-id=684119

Patricia is enjoying a quiet night babysitting when she discovers that her phone has no service. When she switches to Wi-Fi, a sudden barrage of notifications shows that someone is moving money out of her accounts. This sets Patricia off on a race against time to save her assets from criminals who are even cashing out her stocks. Bob talks with Rachel Tobac, CEO of SocialProof Security, about practical steps we can all take to protect ourselves from SIM swapping scams.

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