0403 983 455: Scam Alert - PayPal OTP Message Fraud

• Scam

Have you received a message from 0403 983 455 claiming to be from PayPal? This number is associated with a scam involving fraudulent OTP requests. Learn how to handle such calls and protect yourself.

Identifying the Threat Behind 0403 983 455

The phone number 0403 983 455 / 0403983455 has come to the attention of many users, and the feedback suggests a decidedly alarming trend. Reports indicate that this number is associated with a scam operation, specifically targeting individuals through deceptive messages pretending to be from PayPal.

Understanding the Scam

On 6 April 2023, one user reported receiving a text message from this number. The message falsely claimed to be from PayPal, including details about a purported One-Time Password (OTP) meant to authenticate a transaction of AUD 5,000.00. Users who receive a message like this are prompted to call a provided number (+611800296948) to confirm or stop the transaction, which is part of the scam strategy to extract personal information or further manipulate the victim.

Why is This a Scam?

• Unexpected Communication: Legitimate financial institutions like PayPal do not initiate unsolicited messages asking for transaction confirmations.
• High Pressure Scenarios: The urgency of a hefty transaction can easily incite panic, pushing targets to respond without due caution.
• False Authority: Using trusted brands like PayPal lends credibility to the scam, making it easier for the fraudsters to gain compliance.

What To Do If You Receive a Call or Message from This Number

If you encounter this number or receive similar messages, it's crucial to take a measured approach:

• Do Not Engage: Avoid responding to calls or texts from this number. Engaging with scammers can confirm your phone number to them, making you a target for future attacks.
• Verify Independently: If you have concerns about your account, do not use any contact information provided in the message. Instead, go directly to PayPal's official website or app to check your transactions.
• Report the Number: Use services like Reverseau or contact the relevant authorities to report the scam. This helps in tracking and taking action against the malicious entity.

Staying Vigilant

In the digital age, being vigilant is your best defence. Always remember that legitimate companies will not request sensitive information through text messages or unsolicited calls. Utilizing services like Reverse Phone Lookup Australia can help you identify the source of such calls, providing peace of mind and empowering you through knowledge. If you’re unsure about a call or message, always err on the side of caution and protect your personal information.