0420 415 413: Scam Alert - Business Loan Fraud

• Scam

The phone number 0420 415 413 has been reported as a potential scam, with users indicating it may involve business loan offers. Learn how to handle and report such calls effectively.

Identifying and Managing Calls from 0420 415 413

The number 0420 415 413 has recently come under scrutiny, with multiple user reports indicating that it's likely associated with a scam operation, particularly targeting individuals seeking business loans. Such scams are often executed by overseas call centres that employ questionable tactics to lure unsuspecting victims.

User Reports Analysis

07 September 2022 highlighted several red flags during the call they received. The caller presented as a representative advocating for business loans, but the combination of an echoey line and the overseas nature of the call raised immediate concerns. This has led to our classification of the number as being highly suspicious and likely a fraudulent effort to extract personal and financial information.

Understanding the Scam

Scam calls offering business loans typically involve these common characteristics:

• Promises of quick and easy access to business loans without significant background checks.
• High-pressure tactics urging immediate action and desk swindles.
• Requests for personal or financial details, including your ABN, banking information, and credit card numbers.

Given these elements, it is prudent to approach such calls with caution. If you receive a call from this number, the best action is to hang up immediately and consider blocking the number.

How to Handle Suspicious Calls

Here are some actionable steps to take upon receiving a call from 0420 415 413:

• Do not engage: Politely decline to provide any personal information or financial details.
• Block the number: Most mobile phones offer an option to block the number to prevent future disturbances.
• Report the number: Use platforms such as Reverseau or other complaint systems to report the call, which helps build a database of suspicious numbers in Australia.

Being informed and vigilant is the key to avoiding such scams. If you ever find yourself unsure about a call, conducting a Reverse Phone Lookup Australia may provide necessary insights into the number attempting to contact you. Remember, if something feels off during a call, it's essential to trust your instincts.