- Scam
One contributor reported a call from 02 8550 5114 (0285505114) claiming to be from the Federal Trade Commission, directing them to a phishing website.
Impersonation and Phishing Reports for 02 8550 5114
A contributor has reported receiving a call from 02 8550 5114 (also written as 0285505114) from a caller impersonating the Federal Trade Commission. The caller claimed the recipient had funds held in a trading account and attempted to direct them to a website containing malicious instructions. This report indicates a sophisticated scam combining false authority with phishing tactics.
The call to 02 8550 5114 involved the scammer posing as a US government agency, which is a common tactic to bypass initial skepticism. The recipient was pressured to visit an external website to "access" their supposed funds, a classic phishing method designed to capture login credentials or install malware.
What the Caller from 02 8550 5114 Claimed
The caller stated they were from the Federal Trade Commission and claimed the recipient had funds available in a trading account. This is a false premise - the FTC does not contact people about unclaimed trading funds through unsolicited calls. The scammer then directed the recipient to visit a specific website and follow instructions, which would likely have requested personal banking details, passwords, or payment information.
The use of a US government agency name is designed to create urgency and perceived legitimacy. Many Australians are unfamiliar with the distinction between Australian and US regulatory bodies, making this impersonation effective.
Call Characteristics
The report indicates the call was answered by the recipient, suggesting the caller was able to complete their pitch before hanging up or being disconnected. No additional information about call timing or frequency is currently available for 0285505114, though single calls with this type of scripted approach often indicate an automated dialling campaign targeting many numbers simultaneously.
What to Do If You Receive a Call from 02 8550 5114
If 02 8550 5114 calls you:
- Do not: Click any links sent via call, visit websites provided by the caller, or provide personal details including banking information, passwords, or tax file numbers
- Do: Hang up immediately, block the number if it calls again, and verify any claim by contacting the supposed organisation directly using a phone number from their official website
- Remember: Government agencies do not contact citizens about unclaimed funds or trading accounts via unsolicited calls
What to Do If You Receive a Phishing Link from 02 8550 5114
If the caller from 02 8550 5114 sends you an SMS with a link or you receive a follow-up message:
- Do not: Click the link, open any attachments, or enter your details on any website accessed through the link
- Do: Delete the message immediately, block the number, and report the SMS to 0429 999 888 (the Australian Scamwatch SMS reporting number) by forwarding the message
- Screenshot: If possible, take a screenshot of the message before deleting it for your records
How to Report 02 8550 5114
If you receive a scam call from 02 8550 5114 (0285505114), report it to Australian authorities:
- Scamwatch: Report to the Australian Competition and Consumer Commission at scamwatch.gov.au
- ACMA: Lodge a report with the Australian Communications and Media Authority at acma.gov.au
- ReportCyber: If a phishing link was involved, report to the Australian Cyber Security Centre at cyber.gov.au
- Reverseau: Contribute your experience on Reverseau to help other Australians identify this number
Help others by sharing your experience with (02) 8550 5114!
WRITE A REVIEWRatings Distribution
What Our Users Reviewed
Woman claimed to be from Federal Trade Commission saying I have funds in a trading account, wanted me to go to a website and follow instructions
Help others by sharing your experience with (02) 8550 5114!
WRITE A REVIEWFrequently Asked Questions
Is the Federal Trade Commission an Australian agency?
No. The Federal Trade Commission is a US government agency and does not regulate Australian consumers or trading accounts. If you receive a call from 02 8550 5114 (0285505114) claiming to be from the FTC, it is a scam. Australian financial regulation is handled by ASIC (Australian Securities and Investments Commission) and APRA (Australian Prudential Regulation Authority).
Why would a scammer claim I have funds in a trading account?
This creates false urgency and incentivises you to act quickly without thinking clearly. The scammer knows that the prospect of "unclaimed funds" will motivate you to visit the phishing website. Once you click the link from 02 8550 5114, the website can capture your login credentials, banking details, or payment information.
What should I do if I already visited the website from 02 8550 5114?
Do not enter any personal information. If you already entered passwords, banking details, or other sensitive information on a site accessed from a call by 02 8550 5114 (0285505114), contact your bank immediately and change your passwords from a secure device. Monitor your accounts for unauthorised activity and consider placing a fraud alert with the Australian Securities and Investments Commission.
How do I verify if a call really is from a government agency?
Never call back the number that called you, as it may not be legitimate. Instead, end the call and use a phone number from the official government website to contact the agency directly. For example, if someone claims to be from ASIC, visit asic.gov.au and use the contact number listed there, not any number the caller provided.
Should I block 02 8550 5114?
Yes. Block 0285505114 in your phone settings if you receive another call from this number. Even a single call from 02 8550 5114 attempting to direct you to a phishing website is sufficient reason to block it and prevent future contact.
How did the caller from 02 8550 5114 know to call me?
This number may have been obtained through a data breach, a list purchase, or random dialling. Scammers often use imported contact lists or automated dialling systems to reach many people. The fact that they used a generic script (claiming you have trading funds) suggests they were testing the number rather than targeting you specifically.