0485 048 124 - 0485048124: Stock Market Investment Spam

3-min Read1 Report

  • Spam

One contributor reports unsolicited call from 0485 048 124 (0485048124) offering stock market investment advice. Cold calling spam from Optus mobile number.

Stock Market Investment Spam from 0485 048 124

One contributor has reported receiving an unsolicited call from 0485 048 124 (also written as 0485048124) offering general advice about stock market investing. The caller, claiming to be named "Josh," initiated a cold call to promote investment services without any prior relationship or permission from the recipient.

This Optus mobile number appears to be used for telemarketing purposes, specifically targeting potential investors with offers of stock market guidance. The cold calling approach suggests the number may be part of a broader investment promotion campaign.

What the Caller from 0485 048 124 Offered

The contributor reported that the caller identified himself as "Josh" and presented the call as an opportunity to receive general advice about investing in the stock market. No specific investment product or service was detailed in the report, but the unsolicited nature of the approach and the generic nature of the offer are typical characteristics of investment spam.

Reporting and Protection

If you receive a call from 0485 048 124, you have several options to protect yourself and report the activity:

  • Register with Do Not Call Register: Add your number to donotcall.gov.au to opt out of telemarketing calls. You can lodge complaints about calls received within the previous 30 days.
  • Report to ACMA: File a complaint about unsolicited calls with the Australian Communications and Media Authority at acma.gov.au, which investigates potential breaches of telemarketing rules.
  • Block the number: Use your phone's built-in blocking feature to prevent 0485 048 124 from calling you again.
  • Report on Reverseau: Contribute your experience with this number to help other Australians identify spam and scam risks.

What to Do If You Receive a Call from 0485 048 124

If 0485 048 124 calls you:

  • Do not: Provide personal information, bank details, or investment amounts during an unsolicited call
  • Do not: Return the call if you do not recognise the caller
  • Do: Let the call go to voicemail to verify the caller's legitimacy through independent contact details
  • Do: Hang up and verify any investment advice through official channels or a licensed financial advisor
  • Do: Block the number on your phone to prevent further contact

Understanding Cold Call Investment Spam

Cold calling about stock market investment advice is a common spam tactic. Legitimate financial advisors typically do not contact people without prior arrangement, and unsolicited investment offers carry elevated risk. Any caller offering investment advice should be independently verified through established financial regulatory bodies like ASIC's adviser search tool before engaging further.

How to Report 0485 048 124

  • Do Not Call Register: donotcall.gov.au - lodge complaints about telemarketing calls
  • ACMA: acma.gov.au - report potential breaches of telecommunications rules
  • Scamwatch: scamwatch.gov.au - report investment-related scams or suspicious offers
  • Reverseau: Share your experience with 0485 048 124 to help warn other Australian phone users

Help others by sharing your experience with 0485 048 124!

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Ratings Distribution

2.0 out of 5
5 Stars 0%
4 Stars 0%
3 Stars 0%
2 Stars 100%
1 Star 0%

What Our Users Reviewed

M
Minerva

An Indian male called "Josh" cold called me from this number to offer me general advice about investing in the stock market.


Help others by sharing your experience with 0485 048 124!

WRITE A REVIEW

Frequently Asked Questions

What did the caller from 0485 048 124 want?

The contributor reported that a caller claiming to be "Josh" from 0485 048 124 cold called to offer general advice about stock market investing. No specific investment product was mentioned, but the unsolicited nature of the call and generic offer are typical spam characteristics.

Should I answer calls from 0485 048 124?

It is generally advisable to let unknown numbers like 0485 048 124 go to voicemail. If the call is important and legitimate, the caller will leave a message with their name and purpose, allowing you to verify their identity before returning the call.

Is 0485 048 124 a legitimate investment advisor?

There is no evidence that 0485 048 124 represents a legitimate financial service. Legitimate financial advisors are listed with ASIC and do not conduct cold calling campaigns. You can verify any advisor through ASIC's adviser search at asic.gov.au before engaging with investment advice.

How do I stop calls from 0485 048 124?

Register your number with the Do Not Call Register at donotcall.gov.au and block 0485 048 124 on your phone. If calls from 0485 048 124 persist after 30 days, file a complaint with ACMA at acma.gov.au.

What should I do if I already engaged with the caller from 0485 048 124?

Do not provide any further information or funds. If you have shared personal details with the caller from 0485 048 124, monitor your accounts for suspicious activity. Report the call to ACMA and Scamwatch, and block the number immediately.

Can I report this number on Reverseau?

Yes, you can report your experience with 0485 048 124 on Reverseau to contribute community intelligence about this number. Your report helps other Australians identify potential spam and protect themselves from similar calls.