Spoof calls target bank accounts

A sophisticated phone scam, known as "caller ID spoofing," has recently made its way to Greece, resulting in a staggering loss of €90,000 from a business owner in Volos. The fraud, already prevalent in the US and Europe, involves tricking victims into believing they are speaking with a legitimate bank employee, causing them to divulge sensitive information such as PINs, passwords, and other banking details.

In early January, the businessman received a phone call that appeared to come from his bank. The caller, a woman claiming to be a bank employee, informed him that his bank account had been compromised, urging him to change his PIN immediately to secure his funds. Trusting the caller due to the authenticity of the phone number, which matched his bank's official contact, he followed her instructions.

After a brief conversation, the business owner unwittingly shared...