0449 101 901: Scam - Cryptocurrency Investment Fraud

• Uncertain
• Scam
• Legit
• Suspicious

The phone number 0449 101 901 has been reported as a scam related to cryptocurrency investments. Learn how to handle calls from this number and protect yourself against fraudulent schemes.

Understanding the Risk: 0449 101 901

Recently, reports have surfaced about the phone number 0449 101 901 / 0449101901, categorising it as a scam due to its association with fraudulent investment schemes, specifically in cryptocurrency. Users have voiced concerns about calls received from this number, citing it as part of a deceptive marketing effort encouraging vulnerable individuals to invest in Cryptoforce. Such scams are not just prevalent, but they have also caused significant financial losses for many unsuspecting Australians.

The Scammer Behind the Number

According to user reviews, the name most commonly linked to this number is Chris Bailey, who appears to have a history of operating under multiple business names, including Bailey & Co. Wealth, Flexibond, and Divera. This pattern indicates a concerning trajectory of shifting companies when faced with backlash from prior investors. Disturbingly, some reports suggest that previous victims of Chris Bailey have voiced that they are actively seeking restitution, with claims of lost investments totalling millions of dollars.

Identifying the Scam

This phone number falls squarely under the "investment scam" category, particularly targeting individuals with potential interest or investments in cryptocurrencies. Scammers typically use high-pressure tactics to lure victims, promising rapid returns and guaranteed profits. Such claims should be treated with suspicion, particularly when unsolicited.

How to Handle Calls from 0449 101 901

• Do not engage: If you receive a call from 0449 101 901 / 0449101901, avoid engaging in conversation with the caller, and do not provide any personal information.
• Hang up immediately: It’s advised to terminate the call quickly to minimise the risk of further manipulation.
• Report the number: Consider reporting the number to authorities or using a service like Reverseau, which can help identify and document fraudulent activity.
• Spread awareness: Inform friends and family about such scams to keep them informed and protected.

In conclusion, remember that if an offer sounds too good to be true, it probably is. Practising caution and utilising resources like Reverse Phone Lookup Australia can empower you to make informed decisions about unknown callers. Stay safe and vigilant out there!