02 5016 2424: Scam Alert - Impersonating PayPal and Financial Institutions

• Suspicious
• Scam
• Spam

The number 02 5016 2424 has been reported as a scam, impersonating PayPal and Commonwealth Bank. Learn how to handle calls from this number and protect your personal information.

Overview of 02 5016 2424

The phone number 02 5016 2424 / 0250162424 has been identified by multiple users as a source of scam calls, particularly attempting to impersonate well-known financial institutions such as PayPal and Commonwealth Bank. The nature of these calls has raised red flags among recipients, leading to several reports highlighting the fraudulent tactics used by this number.

Analysis of User Reports

Several users have reported receiving automated messages from this number, claiming to be affiliated with financial services. One particularly concerning pattern emerged from the reviews:

• PayPal Impersonation: A number of complaints detail robocalls stating that there was a transaction of $299.99 that required confirmation. Recipients were prompted to call another number if they did not authorise the purchase.
• Commonwealth Bank Mention: In another review, the same number tried to establish a connection to Commonwealth Bank, further suggesting an attempt to exploit trust in reputable banking institutions.

Classification of the Number

Based on the reports collected, it's clear that 02 5016 2424 / 0250162424 falls squarely into the category of a scam phone number, specifically a type of phishing scam that seeks to extract sensitive information by disguising itself as legitimate. This kind of activity can not only be deceptive but can also lead to serious financial repercussions for unsuspecting victims.

How to Handle Calls from 02 5016 2424

If you receive a call from 02 5016 2424 / 0250162424, here are steps to take:

• Do Not Engage: Avoid interacting with the caller or providing any personal information.
• Hang Up: If you suspect it is a scam, simply hang up and do not return any calls to numbers they may provide.
• Report It: Document the call and report it to your local consumer protection agency or the Australian Competition and Consumer Commission (ACCC). This helps combat the ongoing issue of phone scams.
• Use Reverseau: Leverage resources like Reverseau for a quick lookup to discover more about the number and its credibility.

Conclusion

In conclusion, 02 5016 2424 / 0250162424 is not a number to trust. With clear indications of fraudulent behaviour and numerous alerts from the public, it's advisable to block this number and remain vigilant against similar scams. Utilising services like Reverse Phone Lookup Australia can provide additional safety measures and help you understand who called you in Australia.