0420 040 111 - Scam Alert: Bank Security Impersonation

• Scam

0420 040 111 is reported as a scam number impersonating bank security. If you receive a call from this number, it's important to handle it carefully. Discover how to recognise and protect yourself from this type of fraud.

Identifying the Scam Behind 0420 040 111

The phone number 0420 040 111 / 0420040111 has raised significant red flags among users who have reported interactions with this number. Expert analysis reveals that this number is being used as a vehicle for a scam, specifically involving bank security impersonation.

Understanding the Nature of the Scam

Reports indicate that callers claiming to be from a bank's security department have used this number to gain individuals' personal information. One user shared an encounter on 20 December 2021, where the caller insisted they were from their bank's security team. Alarmingly, when the user requested to verify the call with the actual bank, the scammer provided a suspicious alternate number, further confirming the deceptive nature of the call.

How to Handle Calls from This Number

If you receive a call from 0420 040 111 / 0420040111, it is advisable to take the following steps:

• Do not disclose any personal information: Be wary of requests for sensitive data such as account numbers or passwords.
• Hang up and verify: Contact your bank directly using official numbers from their website to inquire about any legitimate communications.
• Report the scam: Notify Australian authorities or consumer protection agencies about the incident to help prevent others from falling victim.

Conclusion

As Australia continues to tackle the rising tide of phone scams, being informed is your best line of defence. Always verify unknown callers and utilise resources such as Reverseau for a thorough reverse phone lookup. By staying alert, you can protect yourself against these fraudulent schemes and ensure your financial security.