02 8551 1917 - Scam Alert: Bitcoin Recovery Scam

• Scam

Beware of calls from 02 8551 1917, a number associated with a Bitcoin recovery scam. Learn how to handle calls from it and protect yourself from potential fraud.

Understanding the Risks of 02 8551 1917

If you've received a call from 02 8551 1917, you may want to approach it with caution. Reports indicate this number has been frequently linked with a Bitcoin recovery scam, where unsuspecting individuals are targeted and lulled into believing they can recover lost funds from previous frauds.

The Scam Unveiled

On 5 July 2024, a user reported receiving a call from a male voice claiming that he wished to wire money back to them. This is a common tactic among scammers who often exploit a victim's past loss related to cryptocurrency, hoping to generate trust and persuade them to engage further.

Why This Number is Considered a Scam

• Reported Similarities: Several users have shared similar narratives, indicating that the caller has prior knowledge of their financial mistakes.
• Quick Disconnection: The same user noted that when they attempted to return the call, it was disconnected, which is typical behaviour for scammers who want to avoid exposure.
• Pandering to Emotions: By framing the call around the prospect of recovering lost funds, the scammer attempts to manipulate emotional vulnerability.

How to Handle Calls from 02 8551 1917

If you find yourself receiving a call from this number or a similar one:

• Do Not Engage: Simply hang up and do not provide any personal information.
• Verify Their Claims: Consider conducting a Reverse Phone Lookup Australia to check the identity behind any unknown callers.
• Report the Number: Help others by reporting the number to relevant authorities and warning friends and family.

It's essential to remain vigilant and proactive with your personal information, especially when dealing with tempting offers that seem too good to be true. Remember, if something smells fishy, it probably is!