0421 979 995: Scam Alert - Spoofing Financial Institutions

• Scam

0421 979 995 has been reported by users as a scam number posing as a financial institution. If you've received a call from this number, it's important to know how to handle it effectively.

Is 0421 979 995 / 0421979995 a Scam?

If you've received a call from the number 0421 979 995 / 0421979995, you might want to take a step back before engaging with the caller. Numerous users have classified this number as a scam, particularly targeting those connected with financial institutions like Visa and Mastercard. Reports indicate that callers purport to be from these companies, claiming fraudulent transactions on your account to elicit sensitive information.

The Nature of the Scam

The common tactic used by the scammers operating from this number is known as "spoofing." Spoofing allows callers to disguise their actual number, making it appear as though the call is coming from a legitimate source. In this particular instance, one user reported that they were told their card had a fraudulent transaction amounting to $2,700, and they were instructed to reset their internet banking password immediately. It's essential to note that genuine financial institutions will never make such calls nor ask you to take action over the phone in this manner.

How to Handle Calls from 0421 979 995

• Do Not Engage: If you pick up the phone and hear a message similar to the one mentioned, it's best to hang up right away.
• Verify Independently: If you're concerned about your account, contact your bank or card provider directly using official contact details—not the number from the caller.
• Report the Call: Inform the Australian Competition and Consumer Commission (ACCC) or the Australian Cyber Security Centre (ACSC) about the scam attempt.
• Educate Others: Share your experience with friends and family to help reduce the chance of others falling victim to similar scams.

Conclusion

In summary, the number 0421 979 995 / 0421979995 is associated with a serious scam attempting to impersonate financial institutions. Protect yourselves from scams like these, and remember to verify any suspicious calls through trusted channels. If you have experienced a similar encounter, consider using services like Reverseau for rechecking unknown numbers or identifying past scammers. Stay vigilant, and never compromise your personal information over the phone without verifying the legitimacy of the caller.