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Someone managed to obtained a fradulent copy of my mother's ID. We're practically just "normies". People think "I'm not important enough to be targeted" then identity theft happens.
This was not even from a stolen phone, it was probably from some data breach. But imagine the damage that can be done from a stolen phone.
So, the identity thief convinced the banks to add their phone number (probably a burner), but somehow they failed to do any money transfers. Then they did a sim swap by just walking into a store, but the other lines got notified and within an hour, my mother got a new sim and removed her name from the authorized account holders leaving only my dad's name in there.
I have no idea how they didn't manage to steal any money, I guess they didn't think their victims would react this quickly?
Edit: And also the law enforcement is fucking useless. They said they'll "investigate", but haven't heard a word back in a year. The only reason to ever file a repprt is for the police report, don't expect the perpetrators to ever get caught.