The Phone Number Takeover Scam Banks Can’t Stop exposes a fast-growing crime where thieves hijack your phone number, intercept your text messages, reset your passwords, and drain your bank account — all without ever contacting you. In this video, we break down exactly how phone number port-outs and SIM swapping work, why they’re so hard to stop, real victim stories, and the step-by-step checklist you MUST follow to protect yourself. This is a must-watch for anyone with a bank account, debit card, or elderly parents who could easily be targeted. Stay informed. Protect your money. Share this with someone who needs it.
🎬 Chapters 0:00 – The Scam Everyone Thinks Can’t Happen to Them 0:45 – How One Stolen Phone Number Led to $25,000 Gone 3:10 – Why Phone Number Takeovers Are So Effective 6:00 – SIM Swapping: The New Version of an Old Scam 8:20 – Why Banks and Carriers Keep Failing You 9:45 – 6 Steps to Protect Yourself Right Now 13:00 – What To Do If Your Phone Number Is Hijacked 14:50 – Final Warning: Your Phone Number = Your Identity
This video may contain links through which we are compensated when you click on or are approved for offers. Limitlessculturegroup.com or mikethecreditguy.com is part of an affiliate sales network and receives compensation for sending traffic to partner sites, such as MileValue.com. This compensation may impact how and where links appear on this site. This site does not include all financial companies or all available financial offers. Terms apply to American Express benefits and offers. Enrollment may be required for select American Express benefits and offers. Visit americanexpress.com to learn more." Disclaimer: I am not a financial advisor. Limitless Culture and/or Mike The Credit Guy does not provide tax, legal or accounting advice. This material has been prepared for entertainment purposes only, and is not intended to provide, and should not be relied on for, tax, legal or accounting advice. You should consult your own tax, legal and accounting advisors before engaging in any transaction.
#PhoneNumberScam #SIMSwap #BankFraud #IdentityTheft #CyberSecurity #FinancialSafety #ProtectYourMoney #FraudPrevention #ScamAlert #ElderFraud Keywords:phone number takeover scam, SIM swap scam, bank fraud prevention, identity theft protection, port-out fraud, how scammers steal your phone number, senior scam awareness, banking security tips, cyber fraud 2025, protect your bank account
