0480 079 507 - Investment Scam Alert

• Scam
• Spam

Beware of calls from 0480 079 507, reported as a scam number promoting investment opportunities with false prize claims. Discover how to handle these suspicious calls effectively.

Overview of 0480 079 507

The phone number 0480 079 507 / 0480079507 has been flagged by multiple users as a high-risk scam number. Based on reports from 21/09/2021 and 23/09/2021, it appears that this number is associated with a deceptive investment group, luring individuals with the promise of winning prizes. This article aims to analyse the nature of these calls and how individuals can protect themselves from potential scams.

Classification: Spam and Scam

Having received strong feedback from users, we classify 0480 079 507 / 0480079507 as a spam number, more specifically an investment scam.

• Spam Indicators: Users overwhelmingly identified this number as spam, and the nature of the calls aligns with characteristics typical of fraudulent schemes.
• Specific Scam Details: The main tactic deployed involves claiming potential prizes tied to investments. This strategy is commonly employed by scammers to build a sense of urgency, enticing victims to share personal information or money.
• Trustworthy Behaviour: Genuine investment opportunity phone calls from reputable companies typically do not promise prizes as a method of gaining attention or investment. Instead, they present clear, factual information and avoid high-pressure tactics.

How to Handle Calls from This Number

Receiving a call from 0480 079 507 / 0480079507 should be treated with caution. Here are steps you can take:

• Do Not Engage: If you receive a call from this number, it’s advised not to engage with the caller or provide any personal information.
• Report the Number: You can file a report with your local telecommunications authority. This not only potentially helps trace the scam but also warns others.
• Utilise Reverse Phone Lookup: For earlier detection of such scam calls, consider using services like Reverseau to uncover the truth behind unknown numbers.

Conclusion

In keeping yourself informed and aware, you can avoid falling victim to scams like the one associated with 0480 079 507 / 0480079507. Always approach unsolicited calls with caution, and remember, a verified Reverse Phone Lookup can provide crucial insights into who called you in Australia.