0498 027 014: Scam Alert - Impersonating Commonwealth Bank

• Suspicious

The phone number 0498 027 014 has been reported as a scam, with users claiming it impersonates the Commonwealth Bank. Learn how to handle calls from this number to protect yourself.

Understanding the Threat of 0498 027 014

The phone number 0498 027 014 / 0498027014 has raised red flags among users who report it as a suspicious voice on the other end claiming to be from Commonwealth Bank. This interaction is characterised by a common phone scam tactic wherein the caller attempts to extract sensitive information under the guise of legitimate banking inquiries.

How the Scam Works

In this case, the call initiates with the scammer asserting they are from a trusted bank, specifically Commonwealth Bank. The intent appears clear – to solicit personal or financial information from unsuspecting victims under false pretenses. Reports indicate that once the target of the call expresses confusion or disbelief, particularly by denying any association with the bank, the scammer hangs up abruptly.

Why It's Important to Stay Vigilant

Calls like the one from 0498 027 014 / 0498027014 are designed to exploit the trust and uncertainty that can come with financial transactions. The impersonation of a recognised institution enhances the believability of the scam, putting individuals at risk of identity theft or financial loss. It is critical to remain cautious when receiving calls that request personal details, especially from numbers you do not recognise.

What to Do When You Receive a Call

• Do not provide any personal or financial information to the caller.
• Hang up and independently verify whether any issues exist with your accounts by contacting your bank directly using a trusted method.
• Report the number to a local consumer protection agency or a scam reporting service, to help protect others from this type of fraud.
• If you have any doubts about the involvement of your bank or the legitimacy of the call, perform a reverse phone lookup to verify the caller's identity.

Utilising Reverseau Services

To enhance your phone safety, consider employing services like Reverseau, Australia's trusted Reverse Phone Lookup platform. Such tools can help you identify potential scammers and take appropriate action. Being informed about the identity of callers lets you make empowered decisions, keeping you and your finances secure from potential fraudsters.

Always remember, if something feels off during a call, it probably is. Stay alert, and don't hesitate to reach out to reliable sources when in doubt. Who called me Australia? Don't let these scammers have the last word!