- Scam
- Uncertain
Beware of 0420 974 217, a reported scam number connected to fraudulent financial requests. Learn how to identify and manage calls from this suspicious number.
Understanding the Reported Number: 0420 974 217
The phone number 0420 974 217 / 0420974217 has raised red flags among users, leading to numerous reports classifying it as a scam. Multiple accounts indicate that calls from this number are linked to attempts to extract money under false pretenses.
What Type of Scam is Involved?
According to user reviews, this number is involved in a scam that primarily targets individuals with claims related to insurance or taxes. Scammers operating under this guise have unlawfully appropriated the corporate identity of a legitimate company, misleading victims into believing they owe money. The typical strategy involves asking for payments to be deposited into personal bank accounts, after which the scammers vanish.
How to Identify a Scam Call
If you receive a call from 0420 974 217 / 0420974217, consider the following warning signs that may indicate it is fraudulent:
- Pressure Tactics: If the caller insists you pay an amount immediately, it's likely a scam.
- Unsolicited Requests: Legitimate companies rarely initiate contact via phone about sensitive financial issues.
- Unknown Identity: If you're unsure who is calling or the number does not match verified company details, proceed with caution.
What Should You Do?
If you receive a call from this number, it is crucial to take the following steps:
- Do Not Engage: Avoid sharing personal information, banking details, or agreeing to send money.
- Report the Number: Contact your local authorities or the Australian Competition and Consumer Commission (ACCC) to report the scam.
- Utilise Services: You can use services like Reverseau or Reverse Phone Lookup Australia to gather more information on the caller's legitimacy.
Final Thoughts
Staying vigilant about unsolicited calls is your first line of defence against scams like those associated with 0420 974 217 / 0420974217. It’s imperative to trust your instincts and consult authorities if something feels off. Empower yourself with tools like Reverseau to identify past callers and stay informed about potential frauds. Together, we can help mitigate the effects of these scams and protect our community.
Help others by sharing your experience with 0420 974 217!
WRITE A REVIEWRatings Distribution
What Our Users Reviewed
I have fallen victim to this scam. Low Rate Finance Pty Ltd is the companies name they are using. They have gotten me to deposit cash at a NAB branch for loan protection insurance. Now I'm broke and homeless.
Alleged scam. DO NOT PAY ANY INSURANCE OR TAXES. Scammers have stolen the corporate identity of a legitimate Company - and asking for money to be paid to random people's Bank account. Once they are paid, they disappear. If you are contacted, refer immediately to local Police.
This call is likely a scam. Please do not pay any insurance fees or taxes if contacted by them. They appear to have stolen the identity of a legitimate company and are asking for payments to random bank accounts. If contacted, please report this to your local police immediately.
I also got one did you find out who they were.
Low Rate Finance PTY LTD (Loan Advisor) according to my emails, though I haven't actually answered or called the number yet.