0401 950 455: Scam - Marketplace Fraud

• Scam

The number 0401 950 455 has been reported as a marketplace scam used for fraudulent transactions. Learn how to identify and protect yourself from these calls.

Understanding the Scam Associated with 0401 950 455

The phone number 0401 950 455 / 0401950455 has made its rounds through user reports, raising alarms as it is associated with a marketplace scam, specifically targeting unsuspecting sellers on platforms like Facebook Marketplace or Gumtree. This type of scam often revolves around fake buyers who lure individuals into a trap, as evidenced by a report from 22 April 2022, where a user lost $340 in a jewellery sale due to this very number.

Analyzing the Nature of the Scam

This scam typically plays out as follows: the scammer expresses interest in purchasing an item, often offering to pay via a seemingly legitimate method, such as a pay ID. However, the transaction process is manipulated, leading victims to believe they have received payment when, in truth, no legitimate transaction has occurred.

How to Protect Yourself

• Verify Buyer’s Credentials: Always check the buyer's profile, especially on marketplace apps, for any red flags like a newly created account or a lack of verified information.
• Avoid Sharing Sensitive Payment Information: Be cautious when asked to provide payment details or when you are instructed to process a transaction through unusual channels.
• Trust Your Instincts: If a deal sounds too good to be true, it probably is. Always prioritise safety over a quick sale.

Conclusion

The sporadic reports of 0401 950 455 / 0401950455 indicate a clear pattern of deceit within the realm of online purchasing. If you receive a call or message from this number, it’s advised to avoid engaging in transactions and report the number to relevant channels. If you often find yourself wondering, "Who Called Me Australia?" a Reverse Phone Lookup Australia service might help to unveil the truth behind such suspicious numbers.