02 8003 4245: Scam for Fraudulent Financial Services

• Scam

Beware of 02 8003 4245, a number reported as a scam offering bogus financial services. Discover how to handle calls from this number and protect yourself from fraud.

Understanding the Threat of 02 8003 4245

If you've received a call from 02 8003 4245 / 0280034245, it's crucial to be cautious. Reports indicate that this number is associated with fraudulent financial services, specifically targeting individuals seeking loans. Users have described their experiences with this number as misleading and harmful, with promises of loans that are never fulfilled.

Classification: Scam

Based on user reports, 02 8003 4245 / 0280034245 falls under the category of a scam phone number, often linked to predatory financial practices. Specifically, it has been identified as a conduit for scammers posing as representatives of a financial institution, identified as Local Capital Pty Ltd, which illicitly demands payment for insurance before granting loans.

Several individuals have detailed similar experiences, noting that after speaking to an individual by the name of Andrew Smith, they were instructed to pay for income protection insurance. This payment, however, was a guise to extract money without any intention of providing the promised loan. Victims have reported not only financial losses but also significant stress and frustration over the deceitful practices of this so-called 'company'.

How to Handle Calls from This Number

• Do Not Engage: If you receive a call from this number, hang up immediately. Engaging with the caller can provide them with more personal information to exploit.
• Report the Scam: If you have been contacted or scammed by this number, report it to the Australian Competition and Consumer Commission (ACCC) or your local consumer protection agency.
• Utilise Reverse Phone Lookup: For further reassurance, consider using services such as Reverseau to verify unknown numbers and determine whether you've encountered a scammer.

In conclusion, be vigilant and informed about calls from numbers like 02 8003 4245 / 0280034245. Protect yourself and others by spreading awareness about the methods that scammers use, and always verify unfamiliar numbers through reliable channels.