03 4002 9987 - Scam Call: False Commonwealth Bank Threat

• Scam

The number 03 4002 9987 has been reported as a scam call impersonating Commonwealth Bank. If you receive a call from this number, do not engage. Learn how to protect yourself from such scams.

Identifying the Scam: 03 4002 9987

The phone number 03 4002 9987 has recently been flagged as a scam by users across Australia. Reports indicate that callers claiming to be from Commonwealth Bank are attempting to deceive individuals into providing personal information and authorizing transactions that they did not initiate.

The Nature of the Scam

According to a review dated 22 July 2024, a recipient of the call was prompted to press "1" or "2" to approve a fictitious $1800 transaction. This tactic is a common form of phishing scam, where scammers pose as legitimate banks to extract confidential information from unsuspecting individuals. The caller's claiming association with Commonwealth Bank is a strategy to establish trust and manipulate their targets.

How to Handle Calls from This Number

• Do not answer if you do not recognise the number.
• If you do answer, avoid providing any personal or financial data.
• Hang up immediately if they request that you press any numbers to authorise transactions.
• Report the call to the relevant authorities, such as the Australian Competition and Consumer Commission (ACCC).

By being aware and informed about such scams, you can better protect yourself and others. If you're ever in doubt about a caller's legitimacy, consider utilising a reverse phone lookup in Australia to gather information about the caller before proceeding.

Stay Vigilant

Never let your guard down when it comes to protecting your financial information. By following these precautions and sharing your experiences, you contribute to a safer community where scams like the one associated with 03 4002 9987 can be identified and reported swiftly.