fraud sms

The Fintech Center of the Information Technology University (ITU) is successfully advancing to build a database of fraudulent text messages for Data Science Research project regarding, “Fraud SMS Detection in Pakistan”.

It aims to detect fraudulent SMS texts by developing an algorithm to protect consumers from frauds so the low literate population does not fall prey to these scams.

During the recent drive for collection of fraudulent SMS from responsible citizens all over Pakistan, an encouraging response has been noted as during the shortest period of just 20 days the project received above 700 fraudulent SMS schemes.

The sham schemes include fraud messages such as ARY Jeeto Pakistan, Benazir Income Support Program, Waseela-e-Haq Program, banking-related hoax SMS asking for PIN Codes and other kinds of scams.

ITU has appreciated the significant cooperation of all citizens who assisted in the data collection activity and has urged them to continue sharing such SMS along with their city by forwarding the SMS text to +92-314-4362352.

You must add “forwarded from:” so your number is not identified as the sender of such SMS or forwarding the SMS text on the WhatsApp number +92-314-4362352, and share the screenshot of the message.

Every year thousands of people fall prey to financial frauds initiated over SMS and calls. The aim of this research is to develop an algorithm to detect fraud SMS and protect the consumers. This research is sponsored by Karandaaz Pakistan, a private company of Bill & Melinda Gates Foundation in Pakistan.

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