0437 853 118 - Scam Alert: Bank Impersonation Attempt

• Scam

The phone number 0437 853 118 has been reported as a scam involving bank impersonation. Stay informed on how to recognise scams and what steps to take if you receive a call from this number.

Understanding the Threat Behind 0437 853 118

The phone number 0437 853 118 / 0437853118 has come under scrutiny after multiple user reports flagged it as a scam. Specifically, the callers are impersonating bank representatives, which is a tactic often employed by fraudsters to extract personal information from unsuspecting victims.

Details of the Scam

According to user reports, particularly one dated 21 July 2023, individuals receiving calls from this number have been met with inquiries about whether they can speak Chinese. This method of communication is typically aimed at ensuring the caller can engage with potential victims effectively, particularly those who may have limited English proficiency. The scammers then falsely claim they are calling from a bank, leading to confusion and fear amongst recipients, especially if they believe their accounts are at risk.

Classification: Scam

Given the nature of these reports, it is clear that 0437 853 118 / 0437853118 is classified as a scam number. The impersonation of bank officials is particularly concerning and is a common strategy in identity theft and financial fraud schemes.

How to Handle Calls from 0437 853 118

• Do Not Engage: If you receive a call from this number, it’s best not to engage with the caller. Hang up immediately.
• Do Not Share Personal Information: Never divulge personal banking details, including passwords or account numbers.
• Verify with Your Bank: If you doubt the legitimacy of the call, contact your bank directly using a number you trust. They can confirm if there were any alerts or valid outreach made to you as a customer.
• Report the Incident: Consider reporting the number to the authorities including the Australian Competition and Consumer Commission (ACCC) or local scam reporting services.

It’s crucial to keep your wits about you when receiving unsolicited calls. If you want to stay informed about unknown numbers, services like Reverseau and Reverse Phone Lookup Australia can be incredibly helpful in identifying who called you. Remember, vigilance is key in preventing scams.