0420 701 869: Scam – Credit Card Confirmation Scam

• Scam

The phone number 0420 701 869 has been reported as a scam involving credit card confirmation. Discover how to recognise similar scams and what to do if you receive a call from this number.

Identifying the Scam Behind 0420 701 869

In the digital age, fraudulent calls have become increasingly sophisticated, and reports suggest that 0420 701 869 / 0420701869 is not a legitimate number, but rather a part of a credit card confirmation scam. The call typically manifests itself as a communication from someone claiming to be from a major bank, in this case, ANZ.

The Red Flags

User feedback highlights a clear pattern of deception. A report dated 15 January 2024 described a call where the recipient was supposedly notified about a large pending purchase on their credit card, requesting confirmation through pressing specific keys. This is a tactic employed by scammers who create urgency and pressure the victim into immediate action. The fact that the user did not even hold an account with ANZ adds further credence to identifying this call as a scam.

Understanding the Nature of the Scam

This particular scam falls under the umbrella of credit card phishing. Scammers use fabricated tales to elicit personal information or persuade victims to interact with automated responses that could potentially lead to financial loss. It’s essential to note that genuine financial institutions like ANZ never communicate in this manner. They do not make unsolicited calls requesting confirmation via keypad entries, especially pertaining to non-existent transactions.

What to Do If You Receive a Call from 0420 701 869

• Do Not Engage: If you receive a call from this number, it is advisable not to engage with the caller.
• Hang Up: Simply hang up if you suspect it’s a scam.
• Report the Number: You can report the scam call to the Australian Competition and Consumer Commission (ACCC) and consider using the Reverseau service for additional support.
• Protect Your Information: Never provide personal information over the phone, especially if you didn’t initiate the call.

Staying Safe from Telephone Scams

In conclusion, always verify unexpected calls with trusted sources or through a Reverse Phone Lookup Australia service. The risks associated with these scams can be substantial, so ensuring that you are aware and vigilant is crucial.

By sharing experiences and insights about reported numbers like 0420 701 869 / 0420701869 through platforms such as Reverseau, we can collectively work toward shielding our community from potential threats posed by scam callers.