- Scam
- Suspicious
Community reports for 07 4863 0405 (0748630405) describe fake crypto trading investment scams with callers impersonating financial advisors claiming recovery of losses.
Crypto Investment Scam Reports for 07 4863 0405
Two contributors have reported suspicious activity from 07 4863 0405 (also written as 0748630405), a local Mackay service number in Queensland. One report specifically describes a crypto investment scam where the caller claimed the recipient had lost money in crypto trading despite having no trading history whatsoever. This is a classic investment recovery scam tactic - creating false claims of losses to justify requests for payment or account access.
The second report about 0748630405 mentions a caller identifying themselves as being from an organisation called "NEXUS", though the contributor noted the legitimacy of this claim was unclear. The caller's heavy accent and generic company name are common hallmarks of overseas scam operations posing as legitimate Australian investment firms.
What Callers from 07 4863 0405 Claim
According to the report from 07 4863 0405, the caller made a specific false claim: that the recipient had lost money through crypto trading. This is a high-pressure opening designed to trigger alarm and compliance. The caller was attempting to create a sense of urgency and financial loss where none existed, a tactic known as "too good to be true" in reverse - substituting false losses instead of false gains.
Contributors receiving calls from 0748630405 should be aware that legitimate financial institutions will never call you claiming you've lost money and offering to "recover" those losses in exchange for new investments or payments. This is the defining structure of investment recovery fraud.
Report Patterns and Timing
The two reports about 07 4863 0405 span several months, with the most recent scam attempt occurring in October 2025. The earlier suspicious report in June 2025 involving the "NEXUS" caller suggests this number or associated scam network may have been active for an extended period. Both contributors answered the calls, indicating the scammers are reaching their targets successfully.
The use of a local Queensland number (07 area code) originating from Mackay appears deliberate - local numbers are more likely to be answered than interstate or international numbers. This is a known spoofing or number-leasing tactic used by scam operations to increase answer rates.
What to Do If You Receive a Call from 07 4863 0405
If 07 4863 0405 calls you, follow these steps:
- Do not: Engage with claims about money you've lost, provide personal or financial information, agree to transfer funds, or install remote access software
- Do: Hang up immediately if the caller makes unsolicited investment claims or references crypto, money transfer services, or recovery schemes
- Do: Verify any financial claim independently by contacting the organisation directly using a number from their official website - never use a number the caller provides
- Do: Block 0748630405 in your phone settings if the call repeats
- Do: Report the number to ACMA if you believe it's being used for scam purposes
How to Report 07 4863 0405
If you receive a scam call from 07 4863 0405 or 0748630405, report it to the following Australian government agencies:
- Scamwatch (scamwatch.gov.au) - Report investment and crypto scams, view similar reports
- ACMA (acma.gov.au) - Report illegal calling activity and request investigation
- ReportCyber (cyber.gov.au) - If the scammer requested remote access to your device or credentials
- Australian Federal Police - If you've lost money, file a report at afp.gov.au
You can also contribute your own experience with 07 4863 0405 on Reverseau to help other Australians identify this number and protect themselves from similar scams.
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What Our Users Reviewed
Claimed I lost money on crypto trading but I don't trade crypto, total scam
person with heavy accent said they're from NEXUS, call appeared to be from Mackay, legitimacy unclear
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WRITE A REVIEWFrequently Asked Questions
What is the scam described in reports about 07 4863 0405?
A contributor reported receiving a call from 07 4863 0405 (0748630405) claiming they had lost money in crypto trading. The caller was attempting to trigger alarm in order to convince the recipient to invest more money or provide access to financial accounts. This is a false-loss investment scam - the reported crypto losses never actually occurred.
Is 07 4863 0405 a legitimate business number?
No. While 0748630405 is allocated as a local Mackay service number in Queensland through Symbio Networks, community reports indicate it is being used for investment scams. Scammers frequently use legitimate local numbers or spoof local area codes to appear trustworthy and increase answer rates.
Why would a scammer use a local Mackay number like 07 4863 0405?
Local numbers are far more likely to be answered than obviously international or toll-free numbers. By using 0748630405, a Queensland-based number, the scammers exploit the trust people have in local callers. This tactic makes recipients more likely to listen before hanging up.
What should I do if I've already given information to a caller from 07 4863 0405?
If you provided financial details, banking information, or personal identification to someone claiming to be from 07 4863 0405 (0748630405), contact your bank immediately and consider placing a fraud alert on your credit file. Report the incident to ReportCyber at cyber.gov.au and ACMA. Monitor your accounts closely for unauthorised activity.
Can I block 07 4863 0405 on my phone?
Yes. On most Australian phones, you can block 0748630405 by adding it to your blocked contacts list in your phone's settings or call screening app. However, scammers often use different numbers, so blocking 07 4863 0405 alone won't stop all scam attempts. Report the number to ACMA so authorities can investigate the source.
Who is NEXUS, the organisation mentioned in one report about 0748630405?
The contributor who received a call from 07 4863 0405 reported the caller claiming to be from "NEXUS", but noted the legitimacy was unclear. No major Australian financial or investment organisation by this name exists. If you receive a call from someone claiming to represent an unfamiliar company, hang up and independently verify the company's existence using an official website before returning any call.