0416 242 542: Scam - Commonwealth Bank Impersonation

3-min Read1 Report

  • Scam

The phone number 0416 242 542 has been reported as a scam related to Commonwealth Bank impersonation. Learn how to identify and handle calls from this number.

What You Need to Know About 0416 242 542

Are you tired of receiving calls from unknown numbers? If you've encountered 0416 242 542 / 0416242542, you're not alone. This number is linked to a scam operation where callers impersonate representatives of Commonwealth Bank, aiming to trick unsuspecting individuals into divulging personal or financial information.

User Reports and Analysis

One notable testimonial from 01/05/2022 describes a call from a female voice with an Indian accent, supposedly from the Commonwealth Bank. The caller demanded attention regarding a suspicious transaction of $800 on the respondent's account. When the recipient clarified they did not hold an account with the bank, the caller abruptly hung up, raising significant red flags about the legitimacy of the call. This behavior is typical of many scammers who prey on confusion and urgency.

Classification: Scam

Based on user reports, it is evident that 0416 242 542 / 0416242542 should be classified as a scam number, specifically an impersonation scam. Such scams have become increasingly widespread, particularly in the financial sector, leveraging callers' anxiety over their finances. The intent behind these calls is often to elicit sensitive information that could be used for identity theft.

How to Handle Calls from This Number

If you receive a call from 0416 242 542 / 0416242542, here are some critical steps to take:

  • DO NOT engage: If you suspect a scam, do not provide any personal information.
  • Hang up: Cutting off the call is the best practice to avoid further manipulation.
  • Report the number: Inform local authorities or your telco provider about scam calls to help combat this issue.
  • Do a Reverse Phone Lookup: For peace of mind, using a Reverse Phone Lookup Australia service can reveal more about the number and its legitimacy.

Conclusion

In summary, 0416 242 542 / 0416242542 is associated with a sophisticated scam operation impersonating Commonwealth Bank employees. By remaining vigilant and informed, you can protect yourself from falling victim to such scams. Always utilise resources like Reverseau to verify unknown callers and keep your personal data safe.


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What Our Users Reviewed

S
Sussman

A woman with an Indian accent contacted me from what sounded like a call center. She claimed there was a suspicious $800 transaction on my account. When I clarified that I do not have an account with the Commonwealth Bank, she abruptly hung up. This is a SCAM!


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