0406 103 318 - Scam Alert: Commonwealth Bank Transaction Fraud

• Scam

Beware of calls from 0406 103 318 reporting scams related to Commonwealth Bank transactions. Read our guide on how to handle suspicious calls and protect yourself.

Understanding the Threat from 0406 103 318

The phone number 0406 103 318 / 0406103318 has been flagged by users as a potential scam, particularly associated with fraudulent activity claiming to be linked to Commonwealth Bank transactions. This particular type of scam often involves impersonators who pretend to represent the bank, aiming to extract sensitive information from unsuspecting individuals.

Common Characteristics of the Scam

Users have reported receiving calls from this number, where the caller claims there has been suspicious activity on their Commonwealth Bank account. The goal is typically to instill panic and urgency, coaxing individuals into providing personal details or account information. Such tactics are common among telephone scams, which exploit trust in reputable institutions.

How to Handle Calls from 0406 103 318

If you receive a call from this number, follow these guidelines to protect yourself:

• Do not engage: Hang up immediately if the call seems suspicious.
• Verify the caller: Contact Commonwealth Bank directly using their official contact information to confirm if they have attempted to reach you.
• Block the number: Consider blocking the number to prevent further calls.
• Report the scam: You can report suspicious numbers to the local authorities or Australian Communications and Media Authority (ACMA).

Staying Informed with Reverseau

With increasing cases of phone scams, it is essential to be vigilant and informed. Utilizing tools like Reverseau and their Reverse Phone Lookup Australia service can help you identify the nature of unknown calls so you can take appropriate action. Remember, if you ever doubt a call's legitimacy, it’s always best to err on the side of caution.