- Scam
02 7228 8685 (0272288685) reported as fake finance company Barcap Finance. Impersonation scam with forged ABN, ACN, and credit licence. Contributors lost thousands.
Financial Impersonation Scam Reports for 02 7228 8685
Two contributors have reported 02 7228 8685 (also written as 0272288685) as a financial impersonation scam operating under the name Barcap Finance Pty Ltd. The scam involves a caller identifying himself as David Cooper, speaking with an Indian accent, who falsely claims the company holds legitimate business registration with an ABN, ACN, and Australian Credit Licence. One contributor reported losing nearly $12,000 AUD to this number before recognising the fraud.
The sophistication of this scam lies in the use of forged credentials. Contributors report that callers cite official-looking registration numbers to create false legitimacy, making the operation appear as a registered financial services provider when it is entirely fraudulent.
What Callers from 02 7228 8685 Claim
Callers from 0272288685 present themselves as representatives of Barcap Finance Pty Ltd, a purported financial services company. The caller identifies as David Cooper and uses an Indian accent. Reports indicate the scammer provides what appear to be legitimate business credentials including ABN, ACN, and Australian Credit Licence numbers to gain the contributor's trust.
One contributor noted the caller's approach was convincing enough to result in a significant financial loss of approximately $12,000 AUD before the scam was identified. This suggests the callers are practised at building rapport and overcoming natural hesitation from potential victims.
Report Patterns and Timing
Both reports of 02 7228 8685 came through answered calls, indicating the scammer actively pursues outbound calling. The first report was made in August 2025, with a more recent report in December 2025, suggesting the number continues to be actively used for this scam operation. The fact that contributors answered calls from this number suggests the scammer may be using cold-calling techniques or possibly targeting individuals already on contact lists.
What to Do If You Receive a Call from 02 7228 8685
If 02 7228 8685 calls you:
- Do not: Accept claims about company registration without independent verification, provide personal or financial information, agree to fund transfers, or stay on the line if you feel pressured
- Do: Hang up immediately, independently verify any claimed business by searching the Australian Securities and Investments Authority (ASIC) register and Australian Business Register (ABR), block the number on your phone, and report it to authorities
- Verification step: If someone claims to represent a financial company, hang up and call the official number listed on the company's verified website or ASIC register - never use a number provided by the caller
How to Report 02 7228 8685
Report this number and your experience to the following Australian government resources:
- Scamwatch: scamwatch.gov.au - Report the financial impersonation scam and financial loss
- ASIC MoneySmart: moneysmart.gov.au - Report fraudulent financial services claims
- ACMA (Australian Communications and Media Authority): acma.gov.au - Report the scam call to the telecommunications regulator
- ReportCyber: cyber.gov.au - Report cyber fraud if money was transferred online
- Australian Federal Police: afp.gov.au - Report financial fraud, especially if significant money was lost
- Reverseau: Contribute your experience with 0272288685 to help other Australians identify this scam
Help others by sharing your experience with (02) 7228 8685!
WRITE A REVIEWRatings Distribution
What Our Users Reviewed
Huge scam lost nearly 12,000 AUD.
Do not engage whatever they say.
Scam phone number for a company called Barcap Finance Pty Ltd has registered ABN, ACN and Australian Credit Licence numbers but is a complete scam run by someone calling himself David Cooper with an Indian accent. AVOID AT ALL COSTS.
Help others by sharing your experience with (02) 7228 8685!
WRITE A REVIEWFrequently Asked Questions
Is Barcap Finance Pty Ltd a real company?
No. Contributors reporting 02 7228 8685 confirm that Barcap Finance Pty Ltd is not a legitimate financial services provider. Callers claim to have an ABN, ACN, and Australian Credit Licence, but these credentials are forged. You can verify any legitimate Australian financial company by searching ASIC's register at asic.gov.au or the Australian Business Register at abr.gov.au. Do not rely on numbers or credentials provided during the call from 0272288685.
Who is David Cooper and why does he call from 02 7228 8685?
David Cooper is the name used by the scammer operating this 02 7228 8685 fraud. Contributors note he speaks with an Indian accent. This is a fraudulent identity created to operate the Barcap Finance scam. Never assume a caller is who they claim to be based on their name or accent alone.
How much money did people lose to 02 7228 8685?
One contributor reported losing nearly $12,000 AUD to the scam involving 0272288685. This significant financial loss occurred after the caller convinced the victim through use of forged registration credentials. If you have transferred money to this scam, contact your bank immediately and report it to the Australian Federal Police.
What if I already gave my bank details to 02 7228 8685?
Contact your bank immediately and inform them you've been targeted by a fraud involving 0272288685. Ask them to monitor your accounts for unauthorized transactions and consider placing a fraud alert. Report the incident to Scamwatch (scamwatch.gov.au) and the Australian Federal Police (afp.gov.au). Do not send any further money.
How can I verify if a financial company is real before sending money?
Always hang up on the caller from 02 7228 8685 or any unsolicited financial caller and independently search for the company. Check ASIC's Financial Services Register (asic.gov.au), the Australian Business Register (abr.gov.au), and use the official contact details from those sources - never use numbers provided by the caller. Legitimate financial companies will have verifiable ASIC registration and will never pressure you to transfer money during a first call.
Should I block 0272288685?
Yes, block 02 7228 8685 immediately on your phone. After blocking, report the number to Scamwatch and ACMA to help prevent other Australians from being targeted. If the scammer calls from different numbers, block those as well and continue reporting them to authorities.