02 7201 4217: Scam Alert - Cold Calling Investment Scheme

2-min Read2 Reports

  • Scam

The number 02 7201 4217 has been reported as a scam associated with cold calling for fraudulent investment opportunities. Learn how to handle calls from this number effectively.

Understanding the Scam Behind 02 7201 4217

The phone number 02 7201 4217 / 0272014217 has raised significant concerns among users, categorised as a scam linked to cold calling investment schemes. Reports from Australian consumers highlight that the callers purport to offer enticing initial public offering (IPO) opportunities related to stocks in the ARM Ltd. company. Operators of this number employ convincing tactics to gain trust, but their motives are questionable and require vigilance.

Analysis of User Reports

Upon analysing the feedback dated 04/09/2023 and 20/09/2023, both users described their experiences with this number as suspicious. One detailed claim indicated that the caller initially introduced a marketing survey, inquiring about personal income details. This method serves as a ploy to gauge financial status before pitching what they purport to be a lucrative investment opportunity on the follow-up call.

How to Deal with Calls from This Number

  • Do Not Engage: If you receive a call from 02 7201 4217 / 0272014217, it is advisable to refrain from engaging with the caller. Providing personal information or spending too much time on the call may lead to additional solicitation from scammers.
  • Report the Call: Utilise platforms like Reverseau to report this number. Sharing information contributes to a collective effort to combat such scams.
  • Block the Number: Once identified as a scam, you can block this number on your phone to avoid future calls and interruptions.

This ongoing issue with 02 7201 4217 / 0272014217 serves as a reminder to always be cautious when receiving unsolicited offers or investment opportunities, particularly those that seem too good to be true. If you ever have doubts, consider performing a Reverse Phone Lookup Australia to ascertain the legitimacy and background of unfamiliar numbers. For any callers leaving you feeling uncertain, remember that you can always ask "Who Called Me Australia?" for supporting resources.


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What Our Users Reviewed

A
Anonymous

02 7201 4217 << Scamming phone call about stock IPO.

They will call you with a marketing survey and ask about your income first before you get another phone call a week later about a `good` opportunity for investment.

A
Anonymous

I received a call from this number claiming to have an IPO investment opportunity for stocks in the ARM Ltd. company.

Very convincing Australian man running a cold calling scam.

Beware if you're called by this number.


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