Understanding the Call Merging Scam: How to Protect Yourself

The Rise of the Call Merging Scam

Call Merging Scam: A New Threat in the Digital Age

Call Merging Scam: In recent times, various scams have emerged on social media, leading to significant financial losses for many individuals. A new method of deception, known as the call merging scam, has surfaced, where unsuspecting victims are tricked into losing large sums of money due to a moment of inattention. Many have already fallen prey to this scheme while at home.

In this scam, a fraudster contacts you and claims they will connect you with someone you know. Following this, you receive another call and are instructed to merge the two calls. Unfortunately, once you do this, your bank account can be drained in an instant. Let's delve deeper into how this scam operates.

How the Scam Works

Understanding the Call Merging Scam

Recently, various methods of fraud have been reported, with scammers employing different tactics to deceive individuals. The call merging scam is one such method where the scammer engages you over the phone, often mentioning a familiar name to gain your trust.

The scammer will claim that this person wants to speak with you and will instruct you to perform a task. While this is happening, another call will come in, which the scammer will say is from the same individual who supposedly referred you. They will urge you to merge the calls, and as soon as you do, your funds may vanish.

The Mechanics Behind the Scam

How the Scam Operates

When you are on the line with the scammer, the second call you receive is not from a legitimate person but is actually a call containing your One-Time Password (OTP). There are two ways to receive an OTP: via text message or through a call. The latter involves an automated voice that reads out the OTP, which both you and the scammer can hear. Before you realize what's happening, the scammer can use your OTP to access your account and steal your money.

Protecting Yourself from the Scam

How to Safeguard Against This Scam

The best defense against such scams is to remain vigilant. If you receive a call asking you to merge with another line, do not comply. Instead, hang up immediately and report the number to cybercrime authorities. Staying informed and cautious can help you avoid falling victim to these fraudulent schemes.