02 8966 2020: Scam Call - Financial Trading Scheme

3-min Read1 Report

  • Scam

The number 02 8966 2020 has been reported as a scam call associated with a financial trading scheme. Learn how to identify and handle calls from this number to protect yourself.

Understanding the Nature of 02 8966 2020

The phone number 02 8966 2020 / 0289662020 has come under scrutiny as a reported scam call primarily linked to a dubious financial trading scheme. Users who have encountered calls from this number have shared concerning experiences, indicating that it operates under the guise of a "financial markets educator" named TrueCapitalPro.Online.

A Closer Look at the Scam

Reports suggest that the callers are not based in Australia, despite claims of being situated in Sydney. Instead, it appears the calls originated from the Philippines. During conversations, representatives attempt to lure recipients into a scheme where they offer access to trading education for an upfront fee of A$500. The callers promise high returns on investment by providing an eBook and consultations with an "expert."

Red Flags to Consider

  • Unsolicited Calls: If you receive an unexpected call promising financial gains or trading education, exercise caution.
  • High Upfront Fees: Legitimate educational services typically do not require significant payments upfront.
  • Questionable Refund Policies: The promise of a money-back guarantee tied to conditions that are difficult to meet is a common tactic used by scams.

Handling Calls from 02 8966 2020

Should you receive a call from 02 8966 2020 / 0289662020 or similar numbers, it is paramount to remain vigilant. Here are steps you can take:

  • Do Not Engage: If you recognise the number as associated with a scam, avoid engaging with the callers. Hang up immediately.
  • Report the Call: Consider reporting the number to consumer protection agencies or telecommunications providers to help combat such scams.
  • Conduct a Reverse Phone Lookup: Use platforms like Reverseau to identify who called you, gaining added assurance about the legitimacy of unknown numbers.

Conclusion

In conclusion, 02 8966 2020 / 0289662020 has been flagged as a number associated with a fraudulent financial trading scheme. Recognising the signs of a scam and actively protecting yourself from potential scams is critical. Remember, when in doubt, seek information from reliable platforms to ensure your safety from these unscrupulous callers.


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What Our Users Reviewed

F
Feuerstein

Marketing scam call from TrueCapitalPro.

Online "financial markets educator" proposes to teach you how to trade. They have been trading under various names across the world.

I spent a few minutes speak to them and it's a scheme whereby they asked you to for a A$500 payment which they give you access to a eBook and a "expert".

They promise you a 14 day money back guarantee but on their website, it clearly states that it will only be guaranteed if you don't use their service.

Call originated from Philippines and they tried to lie to me on where they are actually located (claimed they were calling in Sydney).


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