08 8023 7504 - Scam Alert: Commonwealth Bank Impersonation

• Suspicious
• Scam

If you've received a call from 08 8023 7504, beware! This number is reported as a scam impersonating Commonwealth Bank. Here's how to identify and handle these fraudulent calls effectively.

Understanding the Scam: 08 8023 7504

The telephone number 08 8023 7504 / 0880237504 has been flagged by multiple users as a scam likely impersonating the Commonwealth Bank. Calls from this number typically involve a recorded voice message claiming to be from "Olivia" at the bank, alerting recipients about suspicious transactions. The most common claim is an unauthorised transaction of $1800, which is a tactic aimed at instilling panic and creating urgency in order to extract personal information.

The Tactics Used

Scammers frequently utilise voice recordings to make their ruse sound more legitimate. In this case, the familiar voice may trigger recognition without critical thought from the recipient. This is a standard practice for impersonation scams, where the fraudsters want to appear as credible representatives of reputable institutions.

How to Handle Calls from 08 8023 7504

• Do not engage: If you receive a call from this number, do not answer it. Engaging can lead to further harassment.
• Block the number: Usage of your phone's blocking feature can prevent any future scams from reaching you.
• Authenticate directly: If you have concerns about your account, contact Commonwealth Bank using a verified phone number from their official website instead of any number provided in unsolicited calls.

Conclusion

As this phone number is closely associated with impersonation scams, it is crucial to remain vigilant. Remember, legitimate organisations like Commonwealth Bank will never ask for sensitive information via unsolicited calls. Stay informed and empowered with Reverseau to check who may be calling you next!