0433 633 333: Scam Alert - Commonwealth Bank Impersonation

• Scam

Beware of calls from 0433 633 333, reported as a scam involving Commonwealth Bank impersonation. Learn how to handle these calls safely.

Understanding the Risks of 0433 633 333

The phone number 0433 633 333 has raised significant concern among users, being classified as a scam number associated with fraudulent activities. Reports indicate that calls from this number often present as legitimate communications from the Commonwealth Bank, but the reality is quite different.

Nature of the Scam

In recent reports, particularly one from 29 November 2023, users detailed receiving calls from a person identifying as "Olivia" from the Commonwealth Bank. The call prompts recipients to press 1 to accept a debit card transaction or 2 to decline. However, upon returning the call, individuals were connected to a male voice claiming to work for a real estate firm, raising red flags.

• Impersonation Scam: The nature of this scam is primarily based on impersonation, where the caller presents themselves falsely as a representative from a trusted institution—in this case, the Commonwealth Bank. Such tactics can lead to identity theft or financial loss if personal information is divulged.
• Confusion and Misdirection: The diversion to a real estate firm adds layers of confusion, which is a common hallmark of scam operations designed to keep victims talking and perhaps reveal sensitive data unwittingly.

How to Handle Calls from This Number

Receiving a call from 0433 633 333 can induce panic, especially when it appears to originate from a reputable financial institution. Here are some recommendations on how to deal with such incidents:

• Do Not Engage: If you receive a call from this number, do not press any buttons or engage with the caller. Simply hang up.
• Verify Independently: If you believe the inquiry may be legitimate, contact your bank directly using the official number found on their website or on your bank statements.
• Report the Call: Consider reporting the number to the proper authorities or even implementing a reverse phone lookup using resources like Reverseau to see if others have reported similar incidents.

Protect Yourself

Utilising services like Reverseau can provide additional insights into questionable numbers, helping Australians identify and avoid potential scams. Always remember, legitimate companies will never pressure you for information over the phone. By staying informed and cautious, you can mitigate the risks of phone scams such as those perpetuated by 0433 633 333.