0420 572 298: Scam Call Alert – Commonwealth Bank Impersonation

• Scam

Beware of calls from 0420 572 298, identified as a scam related to impersonation of Commonwealth Bank services. Learn how to handle such calls effectively.

Identifying the Scam Call from 0420 572 298

If you’ve received a call from 0420 572 298 / 0420572298, it's crucial to be cautious, as this number has been reported by users as a fraudulent attempt to impersonate Commonwealth Bank. Such scams typically aim to create a sense of urgency to trick individuals into revealing personal information or sending money.

The Caller’s Tactics

Based on user reviews, one common approach taken by the caller is to inform you of a so-called "security incident" regarding an unrecognised transaction—often involving large sums of money transferred internationally. In the reported case from 17 January 2022, the caller claimed that an $800 transaction had been made from the victim's account to America. This technique is designed to generate panic and prompt immediate action from the recipient.

How to Handle Calls from This Number

• Do Not Engage: If you receive a call from 0420 572 298 / 0420572298 or a similar number, do not discuss any personal details. Politely hang up.
• Verify Independently: If you feel concerned about any suspicious activity, contact Commonwealth Bank directly using their official contact details.
• Report the Number: Consider reporting it to authorities or on platforms like Reverseau, which aids others in identifying and avoiding scams.
• Use Reverse Phone Lookup Services: Engaging services like Reverse Phone Lookup Australia can help you identify unknown callers and establish whether they are legitimate.

Conclusion

Receiving a call from the number 0420 572 298 / 0420572298 should raise immediate red flags. Given its connection to Commonwealth Bank scams, staying vigilant and informed is essential to protect yourself from falling victim to these deceitful practices. Spreading awareness about such phone numbers can help shield others from similar threats, making resources like Reverseau invaluable for Australian consumers.