02 5120 1538 - Suspicious Crypto Recovery Scam Alert

• Scam

Beware of 02 5120 1538, a suspicious phone number reportedly linked to a crypto recovery scam. Learn how to handle calls from this number effectively.

In an era where scams are becoming increasingly sophisticated, the number 02 5120 1538 has emerged as one to be wary of. User reports indicate that this number is associated with a suspicious crypto recovery scam. Victims describe interactions with callers claiming to represent a crypto recovery company that promises to retrieve lost funds, including those tied to cryptocurrency.

On 30 March 2025, one user detailed their experience, emphasising the persistent nature of the callers. Even after hanging up, they were contacted again from a different number, indicating a strategy often employed by scammers to maintain contact with potential victims. Furthermore, the caller claimed to be operating from the UK, which raises additional red flags about the legitimacy of this operation.

The characteristics of this call strongly align with known tactics of crypto recovery scams. These scams usually target individuals who may have previously invested in cryptocurrency but lost money, enticing them with the prospect of regaining their investments. The callers typically sound convincing and use a range of tactics to instil fear or urgency, persuading victims to provide personal information or make payments upfront.

If you receive a call from 02 5120 1538 or similar numbers, it’s crucial to remain vigilant. Here are some practical steps to take:

• Do not provide personal information: Avoid sharing financial details or any personal information with unsolicited callers.
• Hang up and report: If you suspect a scam, hang up immediately. You can report the number through a service like Reverseau or relevant consumer protection agencies.
• Conduct a reverse phone lookup: Use tools like Reverse Phone Lookup Australia to gather more information about the caller and see if others have reported similar experiences.

By staying informed and taking proactive measures, you can safeguard yourself against potential scams like the one involving 02 5120 1538. Always remember, if an offer sounds too good to be true, it probably is. For further concerns or verification, consider reaching out to organisations dedicated to combating fraud.