With bank fraud on the rise, a disturbing incident has raised fears that breaches may be coming from within the banking system itself. An Islamabad-based journalist reported receiving a call that appeared to come from Meezan Bank’s official number, turning an ordinary day into a shocking encounter.
The caller sounded completely credible and already possessed every detail of the journalist’s bank account. The only thing left was the OTP — the final step needed to wipe out his savings. Sensing something was off, he recorded the entire conversation and later posted the video online. It quickly went viral, gaining two million views, and soon his inbox was flooded with people sharing similar experiences.
Victims reported losing amounts ranging from Rs10,000 to Rs300,000 — and one person even lost Rs1.6 million — confirming this was not an isolated case. Even more alarming was that the ATM card used by the scammer for verification wasn’t his but his wife’s, a card rarely used and only at ATMs, never online or at POS machines, making a typical data leak unlikely.
This raised strong suspicions that sensitive information may have leaked from within the banking system. The following morning, Meezan Bank headquarters contacted him, assuring they had seen the video, were treating the matter seriously, and would coordinate with his branch to raise public awareness and prevent further scams.
Scammers are now advanced enough to spoof official bank numbers, making even careful customers vulnerable. The bank reiterated the simplest defence: never share your CNIC, ATM information, or OTP with anyone — no matter how genuine the caller seems
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