02 9098 4318 - Scam: Investment Fraud Impersonating JP Morgan and Morgan Stanley

• Scam

The phone number 02 9098 4318 has been reported as a scam associated with investment fraud. Stay alert and learn how to handle calls from this number to protect your finances.

Understanding the Risks of 02 9098 4318

The phone number 02 9098 4318 / 0290984318 has come under scrutiny due to several user reports categorising it as a scam. The most alarming reports indicate that this number is being used to perpetrate investment fraud, with callers impersonating reputable financial institutions such as JP Morgan and Morgan Stanley.

What the Reports Say

According to a review dated 04/09/2021, users have expressed serious concerns over the legitimacy of this number. The primary complaint highlights that callers from 02 9098 4318 / 0290984318 are allegedly stealing money under false pretences by presenting themselves as representatives from well-known finance companies.

Classification: A Scam to Watch Out For

This number undoubtedly falls within the category of a scam. Investors receiving calls from this number should be cautious, as the imposters often aim to instil a sense of urgency, pushing individuals to invest their money swiftly into dubious schemes. This tactic typically involves creating a convincing facade of legitimacy by using the names of famous companies whose reputations precede them.

What You Should Do About It

If you receive a call from 02 9098 4318 / 0290984318, it is critical to:

• Stay Calm: Avoid responding emotionally to claims made by the caller.
• Do Not Provide Personal Information: No legitimate company will ask for sensitive information over the phone, especially in an unsolicited manner.
• Hang Up: If you suspect a scam, simply hang up and block the number if possible.
• Report the Call: Make sure to report the fraudulent activity to the relevant authorities, such as SCAMwatch, to help protect others from falling victim.

Be Vigilant and Informed with Reverseau

It's crucial to always verify the identity of people or businesses that reach out to you unexpectedly. If you're ever in doubt, using a Reverse Phone Lookup in Australia, like Reverseau, can be a clever way to confirm who called you before taking further action. By staying alert to types of harassment or frauds like those associated with 02 9098 4318 / 0290984318, you can protect your hard-earned money from scammers.