08 7924 7689 - IPO Scam Alert

• Suspicious

The number 08 7924 7689 has been reported as potentially involved in an IPO scam. Learn how to identify such scams and what to do when you receive a call from this number.

Understanding the Calls from 08 7924 7689

The phone number 08 7924 7689 / 0879247689 has drawn attention due to user reports categorising it as a potential IPO scam. With many Australians receiving unsolicited calls from numbers claiming to offer investment opportunities, it's essential to recognise the signs of such scams and protect yourself effectively.

The IPO Scam Explained

Initial Public Offering (IPO) scams typically aim to entice individuals into investing in non-existent or fraudulent schemes with promises of high returns. These scammers often adopt a persuasive and urgent approach, leading victims to act quickly without proper research. Based on a recent report dated 07/09/2023, it appears that this number is implicated in such activities.

How to Handle Calls from 08 7924 7689

• Do Not Engage: If you receive a call from this number, it's advisable not to engage with the caller. Genuine companies will not pressure you into sharing personal information.
• Verify Before Trusting: Use resources such as Reverseau or similar Reverse Phone Lookup Australia services to investigate the caller's authenticity.
• Report the Incident: If you suspect a scam, report it to the Australian Competition and Consumer Commission (ACCC). This helps keep the community informed.
• Block the Number: Consider blocking 08 7924 7689 / 0879247689 on your phone to avoid any further unwanted calls.

Stay Informed and Safe

As the number of scams increases, being cautious is crucial. Learning about these deceptive practices and staying informed can help you avoid becoming a victim. Always take the time to verify unexpected calls or messages that promise extraordinary outcomes. Remember, if it sounds too good to be true, it often is.