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fraudsters steal 50000 francs from zurich cab driver using spoofed calls
Fraudsters swindled nearly 50,000 francs from Zurich cab driver Erhan C. by impersonating UBS employees and using spoofed phone numbers. After a series of deceptive calls, they gained access to his e-banking through a malicious app. Despite security measures in place, the banks involved, including Valiant and Postfinance, faced criticism for their inability to prevent the fraudulent transactions.