02 8005 1718: Scam - Credit Card Restriction Fraud

• Scam

The number 02 8005 1718 has been reported as a scam. It claims to be from your bank regarding a credit card restriction. Learn how to handle calls or messages from this number.

Identifying the Threat: 02 8005 1718

Recent reports regarding the phone number 02 8005 1718 have come to light, classifying it as a scam associated with credit card fraud. It has been used in a text message scheme that alarms recipients about supposed restrictions on their credit cards due to “unexpected charges”.

Understanding the Scam

This particular scam involves a fraudulent message alerting individuals that their credit card has been compromised. In the case reported on 06 February 2023, the victim received a message indicating that there was an unauthorised purchase of 470 AUD, urging them to contact the provided number if they did not recognise the transaction. This is a classic tactic employed by scammers to instil fear and urgency.

Stay Alert: The Red Flags

• Unexpected Messages: Legitimate financial institutions typically do not contact clients in this manner.
• Suspicious Content: Messages that contain alarming statements about your finances often signal a scam.
• Pressure to Act Quickly: Scammers often use urgency to manoeuvre you into making hasty decisions.

How to Deal with Such Communications

If you receive a message or call from 02 8005 1718 or any number showing similar patterns, here are some guidelines to protect yourself:

• Avoid Responding: Do not reply to the text or engage with the caller.
• Check Directly: Use official channels to contact your bank or financial institution to verify any claims made.
• Report the Scam: Report the phone number to your local consumer protection agency to assist others.

Final Thoughts

In the world of technology, scams are becoming increasingly sophisticated. However, by remaining vigilant and informed, you can safeguard yourself against these deceptive tactics. Using resources like Reverseau and performing a Reverse Phone Lookup Australia can help identify unknown numbers and protect your financial security. Remember, when in doubt, verify with a source you trust.