0420 754 650: Scam Alert - Commonwealth Bank Phishing Attempt

• Scam

Learn about the phone number 0420 754 650, which has been reported as a scam soliciting sensitive information by impersonating Commonwealth Bank. Discover how to safely handle such calls.

Understanding the 0420 754 650 / 0420754650 Scam

The phone number 0420 754 650 has raised red flags among users due to reports categorising it as a scam, specifically a phishing attempt. The nature of the calls involves recorded messages that claim to be from Commonwealth Bank, alerting recipients of large transactions in their accounts. The intention behind these calls is clear: to trick unsuspecting individuals into divulging personal and financial information.

What Type of Scam Is Involved?

Users have reported receiving automated messages that initiate with alarming claims about significant transactions supposedly made from their Commonwealth Bank accounts. Callers are prompted to 'press 1' to unauthorise or 'press 2' to authorise. However, many victims reported that they do not hold accounts with Commonwealth Bank, establishing that these calls are not legit but, rather, a part of a broader phishing scam.

How to Handle Calls from This Number

• Do Not Engage: If you receive a call from this number, do not press any buttons. Engaging with the call can lead to further harassment or validate your number for continuous scams.
• Hang Up: Simply hanging up is the best course of action. Legitimate institutions like banks do not contact customers through recorded messages to request sensitive data.
• Block the Number: Use your phone's features to block this number if you find it contacting you frequently.
• Report the Incident: Consider reporting this scam to local authorities or financial institutions. Sharing your experience allows others to be warned and informed.

Conclusion

Phone number 0420 754 650 is confirmed to be a scam through user feedback, showcasing a phishing scheme targeting innocent victims by impersonating a trusted banking institution. Stay vigilant and arm yourself with knowledge on how to handle such unsolicited calls. For more information on identifying scams or conducting reverse phone lookups in order to reveal caller identities, ensure to utilise services like Reverseau.