0418 801 703: Scam - Fraudulent Payment Alert from Visa MasterCard

• Scam

0418 801 703 has been reported as a scam phone number attempting to deceive users regarding fraudulent payments. Learn how to identify it and handle calls from this number.

Understanding 0418 801 703

The phone number 0418 801 703 / 0418801703 has raised red flags among users, being associated with a fraudulent scam that poses as a legitimate call from Visa MasterCard. This number has been used by scammers to instil fear and urgency in recipients by claiming that a significant unauthorized transaction was attempted.

What’s Happening with This Number?

Based on user reports, the callers from 0418 801 703 / 0418801703 presented themselves as representatives from Visa MasterCard, warning individuals about a fraudulent attempt to access their funds. They allegedly mentioned a withdrawal of $1000 related to a travel service known as Pelican Travel.

Identifying the Scam

The call pattern is typical of a type of scam commonly known as “phishing” where fraudsters impersonate legitimate companies to extract personal and financial information. Here are some key elements that identified this call as a scam:

• Fake Authority: The caller claimed to be from a well-known institution. Scammers often leverage the credibility of legitimate companies.
• Urgent Language: The message conveyed an urgent need for action, which is a common tactic to compel quick decision-making.
• No Personal Information Request: While they stated they wouldn't ask for personal information, this is a typical manipulation trap aimed at gaining your trust before soliciting sensitive data.

How to Handle Calls from 0418 801 703

If you receive a call from this number, it’s crucial to stay calm and take the following precautions:

• Do Not Engage: Simply hang up if you receive calls like these. Do not provide any personal information under any circumstance.
• Verify Independently: If you have genuine concerns about your accounts, directly contact your bank or Visa MasterCard using verified contact information.
• Report the Number: Report the incident to Australian Consumer law or local authorities to help protect others from fraudulent activities.

Remember, being aware of scam tactics is the first step in protecting yourself. If you want to know more about who called you, consider utilising tools like Reverseau for a deeper insight into the source of suspicious phone numbers. Stay informed and alert to safeguard your personal information!