0404 237 885: Scam Alert - Foreign Exchange Scam

• Scam

Beware of 0404 237 885, a reported scam number associated with foreign exchange scams. Here’s how to identify and handle calls from this number.

Understanding the Calls from 0404 237 885

This number, 0404 237 885 / 0404237885, has recently raised red flags among users, categorised as a scam phone number primarily involved in foreign exchange scams. If you've received a call from this number, it is crucial to stay informed and act cautiously.

What Kind of Scam Is It?

Reports indicate that this number is part of a scheme where callers alert victims about an “unauthorised transaction”. This tactic is designed to create anxiety and urgency, leading you to engage with their call centre. Once engaged, the scammers may ask for sensitive personal and financial information, aiming to exploit your trust for fraudulent purposes.

Recognising the Red Flags

Calls from 0404 237 885 / 0404237885 often exhibit the following red flags:

• Pressure Tactics: Scammers create a sense of urgency, insisting that you act immediately to secure your finances.
• Request for Personal Information: Legitimate businesses do not ask for sensitive information over the phone.
• Generic Greetings: Unknown numbers often fail to identify themselves or the organisation they represent.

How to Handle This Number

If you receive a call from 0404 237 885:

• Do Not Engage: Hang up immediately and do not provide any personal information.
• Block the Number: Take proactive measures to block this number on your phone to avoid future calls.
• Report the Number: Consider reporting the number to the appropriate authorities to prevent others from falling victim.

Protect Yourself from Scams

It is critical to remain vigilant when receiving unsolicited calls. If unsure, use a service like Reverseau to conduct a reverse phone lookup in Australia to gain insights about the caller. Remember, knowledge is your best defence against scams.