0416 520 507: Suspicious Phone Call Pretending to be Commonwealth Bank

• Scam

0416 520 507 has been reported as a suspicious number, with claims of impersonating Commonwealth Bank. Learn how to identify and handle calls from potentially fraudulent sources.

Is 0416 520 507 / 0416520507 a Scam?

The phone number 0416 520 507 / 0416520507 has recently been driven into the spotlight due to user reports suggesting it may be involved in fraudulent activities. Classifying it as suspicious, this number appears to be making unsolicited calls, with one report clearly indicating an impersonation attempt related to Commonwealth Bank.

What Happened?

A user reported a call they received on 12 July 2022, where they experienced a noticeable delay before a caller claiming to be associated with Commonwealth Bank came on the line. The caller expressed confusion, revealing their unfocused approach, which is often indicative of a phishing attempt. Since this individual had no ties with the bank, they wisely disconnected from the call.

Why is this Number Suspicious?

• Identifying Scam Traits: Legitimate banking institutions rarely make unsolicited calls; rather, they communicate through secure and verified means with current customers.
• Flustered Callers: The apparent disorganisation and delay before the caller responds is a classic hallmark of scammers trying to engage recipients without the necessary system in place.
• Caller Identity Verification: When a calls purporting to be from a respected institution without confirming who they are, it raises immediate red flags.

How to Deal with Suspicious Calls

If you receive a call from 0416 520 507 / 0416520507 or any such number claiming to represent a reputable bank or service, follow these steps:

• Do not engage or provide any personal information.
• Hang up and verify independently; for banks, this means calling their customer service directly using an official contact number.
• Report the number to local authorities or through platforms that track such scams.

Through services like Reverseau and Reverse Phone Lookup Australia, individuals can further investigate calls from unknown numbers to better inform their decisions regarding potentially malicious dealings. Vigilance against these fraudulent attempts can immensely protect your personal information and financial security.