1300 480 873: Scam Alert - Impersonating Commonwealth Bank Security

• Scam

Discover the truth about the phone number 1300 480 873, reported as a scam targeting Commonwealth Bank customers. Learn how to respond to suspicious calls effectively.

Understanding the Claim Behind 1300 480 873

In the realm of phone calls received by Australians, the number 1300 480 873 / 00480873 has raised red flags among multiple users. The primary concern expressed relates to the impersonation of Commonwealth Bank Security in a phishing scam attempt. Like many similar cases, this highlights the growing issue of telephone fraud that targets unsuspecting individuals.

The User Report

On 23 June 2023, a user reported receiving a call from a number (02) 7257 8216. Though they did not answer, it was indicated through a voicemail that they should contact 1300 480 873 / 00480873 due to supposedly urgent issues regarding their debit card. The user's warning was explicit: it is a scam, urging others not to return the call. This strong testimony categorises this number as one associated with a scam designed to extract personal and financial information from victims.

Why This Number is Considered a Scam

Calls that claim to come from a financial institution, like Commonwealth Bank, often use tactics designed to instil fear and urgency. The intent is to compel individuals to share sensitive information that could lead to identity theft or financial loss. Scammers typically employ various strategies such as:

• Claiming there are suspicious transactions on your account
• Threatening account suspension if immediate action isn’t taken
• Requesting sensitive information such as PINs or passwords

How to Handle Calls from 1300 480 873

If you receive a call from 1300 480 873 / 00480873 or are prompted to call this number, it is advisable to hang up immediately and avoid calling back. Instead, take the following steps:

• Contact your bank directly using the official number listed on their website or your banking documents.
• Report the incident to the Australian Competition and Consumer Commission (ACCC) or Scamswatch to help others avoid falling victim.
• Consider changing your banking passwords and monitoring your accounts for any unusual activity.

With the rise of phone scam tactics, remaining vigilant and informed is essential. Services like Reverseau offer valuable insights to users hoping to learn more about unknown phone numbers and make sound decisions on how to respond to potential scams.