0499 111 114: Scam - Banking Fraud Alert

• Scam

The number 0499 111 114 has been reported as a scam associated with fraudulent bank transfers. Learn how to identify this type of fraud and what steps to take if you receive a call from this number.

Understanding the Threat of 0499 111 114

In today's digital age, staying informed about potential telephone scams is crucial. One number that has raised alarms among Australians is 0499 111 114. Reported by users as a fraudulent source, it primarily engages in a specific type of scam targeting unsuspecting individuals through manipulation of banking services.

What Type of Scam is Associated with 0499 111 114?

According to user reports, particularly a notable review from 11 January 2018, the phone number 0499 111 114 / 0499111114 is associated with a scam involving fake bank transfers. Scammers use persuasive tactics to convince their victims to book services or provide personal details, only to subsequently attempt illegal transfers from victims' bank accounts. The scam typically plays out in a manner that gives the impression of legitimacy, making it all the more dangerous.

Classification Analysis

Based on the details available, it is evident that 0499 111 114 fits into the scam category, specifically targeting financial transactions. With increasing reports from users suffering financial loss, it indicates a prevalent and potent threat. Here are key signs that classify this number as a scam:

• Attempted manipulation of financial information.
• Promises of services or products that seem too good to be true.
• General reports of hostile or pressure-driven tactics during calls.

How to Handle Calls from 0499 111 114

With the knowledge that this number is linked to fraudulent activities, it is essential to approach any calls from 0499 111 114 with caution. Here are practical steps you can take:

• Do Not Engage: If you receive a call from this number, do not share any personal or banking information.
• Block the Number: Most mobile devices allow you to block numbers, preventing future contact.
• Report the Call: Consider reporting it to the appropriate authorities, such as the Australian Competition and Consumer Commission (ACCC) or Scamwatch.
• Use Reverseau: Implement our Reverse Phone Lookup Australia tool to identify and verify unknown numbers before responding.

Conclusion

Awareness is your first line of defence against phone scams like those perpetrated by 0499 111 114 / 0499111114. By staying informed and cautious with your responses to unknown numbers, you can protect yourself from potential financial losses. Remember, if something feels off, trust your instincts, and don't hesitate to seek help.