0480 003 403: Scam Alert - Fraudulent Commonwealth Bank Impersonation

• Scam

The number 0480 003 403 has been reported as a scam with claims of fraudulent activity related to Commonwealth Bank accounts. Learn how to handle calls from this number to protect your personal information.

Identifying the Threat: 0480 003 403

The phone number 0480 003 403 / 0480003403 has been identified by numerous users as associated with a scam attempting to deceive individuals by impersonating representatives from the Commonwealth Bank and the Government Security Department.

Understanding the Scam

Users have reported receiving calls from this number where the caller claims there have been suspicious activities linked to their bank accounts. These calls often escalate to a request for personal banking information under the guise of confirming account details or preventing fraud.

• Impersonation Scheme: The callers pose as officials from known institutions, such as Commonwealth Bank, creating a sense of authority and urgency.
• High Pressure Tactics: They may rush you into divulging sensitive information by leveraging fears about the security of your financial assets.

Dealing with Suspicious Calls

If you receive a call from 0480 003 403 / 0480003403 or any other unknown number claiming to be your bank, it's important to remain calm and cautious. Here are some steps to consider:

• Do Not Share Personal Information: Legitimate banks will never ask for sensitive information over the phone.
• Hang Up and Verify: If the call seems suspicious, hang up and independently contact your bank using official contact details found on their website or your bank statements.
• Report the Call: Inform the Australian Competition and Consumer Commission (ACCC) if you believe you have been contacted by a scammer.

Conclusion: Protecting Yourself from Scams

Recognising potential scam numbers helps prevent identity theft and financial loss. For further insights and to explore more about who has called you, consider using Reverseau's Reverse Phone Lookup Australia service. This can assist in identifying any dubious contacts and ensuring your peace of mind.