New Delhi, Sep 23: The Indian Cyber Crime Coordination Centre (I4C) under the Ministry of Home Affairs has issued a nationwide alert warning citizens about a new eSIM-based scam through which fraudsters are siphoning off money from bank accounts within minutes.

According to officials, scammers pose as telecom representatives and trick users into sharing a one-time password (OTP) under the pretext of upgrading to an eSIM service. Once the OTP is shared, the fraudsters gain control over the victim’s mobile number by activating an eSIM on their own device. This allows them to intercept banking OTPs and quickly empty accounts through unauthorized transactions.

The I4C said multiple cases have been reported in recent weeks across states, with losses running into lakhs. The scam is particularl

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