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EFCC Warns Nigerians About 5G OTP Scam

The Economic and Financial Crimes Commission (EFCC) has warned Nigerians that there is an ongoing fraud linked to the 5G Sim Card upgrade exercise.

EFCC alerted that fraudsters were sending messages and calling citizens asking to help individuals update their Sim cards from 4G to 5G.

In a brief communique, the antigraft agency explained that an OTP would be sent to citizens who opt to have their mobile sim card “upgraded to 5G” by the scammers.

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Thereafter, individuals would be asked to provide the code with which the defrauders would eventually defraud innocent citizens.

EFCC said:

If you tell them the OTP number sent by them, they will transfer all the money in your Bank Account to their own account.”

The EFCC hence urged Nigerians to ensure that they do not welcome strangers who would offer to help them upgrade from 4G to 5G.

It also cautioned Nigerians not to disclose their OTP numbers.

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