A thriving trade in anonymous SIMs, mobile wallets is fuelling cybercrime across Bangladesh
Dhaka, June 4 -- Blackmarket Biometrics: Inside the Illicit SIM Trade
Black-market boom: A thriving trade in pre-registered SIMs on social media and high streets is completely undermining biometric security
Parallel finance: Crimewaves are being funded by bundled SIMs and fake mobile wallets that allow syndicates to launder cash abroad
Data compromised: Corrupt insiders and data leaks have allowed fraudsters to exploit stolen NID data, even using centenarians' IDs
Retail fraud: Dishonest retail agents are actively duping unsuspecting customers to register extra, unauthorised SIMs for resale
Tech under fire: Experts urge telecom firms to adopt AI tracking and slash the personal SIM card limit to curb epidemic-level scams
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