0420 743 246: Scam Alert - Potential Credit Card Scam

• Scam

The number 0420 743 246 has been reported as a scam caller attempting to impersonate a financial institution. If you receive a call from this number, it’s important to know how to handle it safely.

Understanding the Risks of 0420 743 246

In recent weeks, the phone number 0420 743 246 has attracted attention from users in Australia. Numerous reports indicate that this number is associated with a credit card scam, where callers masquerade as representatives of financial institutions to put pressure on unsuspecting victims.

The Nature of the Scam

According to a user review dated 30 January 2024, a call from this number initiated with a recorded message claiming there was a charge of $1000 on the victim's Visa card. This type of scam is designed to provoke anxiety, prompting victims to press a key to approve the ‘charge’. Such tactics are a classic example of payment fraud that aims to extract personal and financial information from individuals.

Identifying Scam Calls

Scammers often rely on creating a false sense of urgency and leveraging the authority of well-known institutions, hoping to bypass your defences. Here are some signs to identify the potential scams:

• Unknown caller claiming to be from your bank or financial provider.
• Requests for personal or financial information directly over the phone.
• Pressure tactics – pushing for prompt responses.

What to Do If You Receive a Call from This Number

If you receive a call from 0420 743 246, it’s critical to approach it with caution:

• Do not engage with the caller or provide any personal information.
• Hang up and do not press any keys as directed by the automated message.
• Report the number as a scam using tools like Reverseau for Reverse Phone Lookup Australia.
• If you feel anxious or see suspicious activity on your card, contact your bank immediately.

Conclusion

In summary, 0420 743 246 is a number to be wary of due to its association with a credit card scam. Always remain vigilant and use resources like Who Called Me Australia to check unfamiliar numbers and avoid falling victim to fraud.