0431 807 957 - Scam Alert: Impersonating Commonwealth Bank

• Scam

Beware of calls from 0431 807 957. This number has been reported as a scam claiming to be Commonwealth Bank. Learn how to recognise and handle such fraudulent calls.

Understanding the Threat of 0431 807 957

The phone number 0431 807 957 has recently garnered attention as a potential scammer's line, impersonating a trusted financial institution in Australia. User reports indicate alarming tactics utilised by the caller, specifically posing as representatives from Commonwealth Bank (Com Bank).

Scam Characteristics

According to a review dated 27 November 2023, a recipient of a call from this number reported that the person on the other end pretended to be from Commonwealth Bank, claiming a transaction of $18,000 required urgent approval. This particular approach is often known as a vishing scam, where fraudsters leverage voice calls to gain sensitive information or instil a sense of panic to prompt immediate action.

Recognising a Scam

When dealing with unsolicited calls, especially those asking for personal or financial information, consider the following tips:

• Verify the Caller: If you receive a call alleging to be from a bank or financial institution, hang up and contact the organisation directly using the number found on their official website.
• Never Share Personal Information: Legitimate companies will not ask for sensitive details like passwords or PINs over the phone.
• Be Wary of Urgency: Scammers often create a false sense of urgency. Take your time to assess the situation.

What You Should Do

If you receive a call from 0431 807 957, it is strongly advised to avoid engaging with the caller. Report the number to your local telecommunications authority or consider using a service like Reverseau for a Reverse Phone Lookup in Australia. Keeping informed about numbers like this helps protect yourself and others from falling victim to such scams.

Conclusion

No legitimate organisation should solicit approval for large transactions over the phone—always practice caution and scepticism. By sharing information about dubious callers such as 0431 807 957, we contribute to community safety and awareness against fraudulent practices.