1800 098 420: Spam Calls Offering High-Yield Investments

2-min Read2 Reports

  • Spam
  • Suspicious

Have you received a call from 1800 098 420? This number is associated with spam calls offering dubious investment opportunities. Learn how to handle such calls effectively.

Understanding the Nature of 1800 098 420

If you've been receiving calls from 1800 098 420 / 00098420 lately, you're not alone. This number has been reported by several users for making unsolicited calls related to questionable investment opportunities. Based on user feedback, we classify it as a spam number due to its persistent attempts to solicit high-yield investment schemes that raise red flags.

What Kind of Spam is it?

The reports indicate that calls from this number typically involve individuals, often with accents that suggest they might be calling from overseas, attempting to entice recipients with promises of high returns on investments in the US market. The vague and enticing nature of these offers suggests a common spam tactic where the aim is to engage unsuspecting individuals into investing in non-existent or very risky financial opportunities.

How to Handle Calls from 1800 098 420

Receiving calls from such numbers can be frustrating. Here are some practical steps to manage this:

  • Do Not Engage: If you receive a call from 1800 098 420 / 00098420, it is best not to engage with the caller. Simply hang up if the caller begins discussing investments.
  • Block the Number: As many users have found, blocking this number can significantly reduce the chances of receiving further calls.
  • Report the Call: Consider reporting the number to the Australian Communications and Media Authority (ACMA) or other appropriate channels. This helps in monitoring and dealing with spam callers effectively.

Conclusion

In summary, 1800 098 420 / 00098420 is associated with spam calls that attempt to lure callers into questionable investment schemes. As always, exercise caution and remember, if it sounds too good to be true, it often is. Utilising services like Reverseau for a reverse phone lookup in Australia can help you identify unfamiliar numbers and protect yourself against fraudulent calls.


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What Our Users Reviewed

E
Ellen

Just started receiving call also similar incident. Now blocked!!!

C
Coty

A few minutes ago I received a call from this number.

A male, with possibly an Indian accent, asked me if I was interested in high yield returns from a US market.

I hung up.


Help others by sharing your experience with 1800 098 420!

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