0420 774 793 - Scam Call: Commonwealth Bank Fraud Alert

• Scam

0420 774 793 has been reported as a scam call claiming to be from Commonwealth Bank regarding fraudulent transactions. Learn how to identify scam calls and protect yourself.

Understanding the Scam Behind 0420 774 793

The phone number 0420 774 793 / 0420774793 has raised alarm among Australian users, who report it as a scam identified as a fraudulent call impersonating Commonwealth Bank. This type of scam is common, where the caller claims to address “unauthorised transactions” in an attempt to extract sensitive personal information.

What Users are Reporting

As per user reviews, the primary concern revolves around a recorded message from this number, falsely stating it represents Commonwealth Bank and claiming that the recipient has engaged in suspicious activity. It is essential to clarify that such recordings are typically an indication of a scam. Often, they prompt unsuspecting victims to verify sensitive details or take supposed urgent actions that lead to identity theft or financial loss.

The Mechanics of This Scam

This type of scam, referred to as phishing, exploits trust. By pretending to be a representative from a recognised institution like Commonwealth Bank, the scammers hope to lull individuals into a false sense of security. They may ask for personal information such as account numbers, passwords, or even direct access to online banking facilities, leading to potential fraud.

How to Handle Calls from 0420 774 793

• Do not engage: If you receive a call from this number, avoid providing any personal or financial information.
• Verify independently: If concerned about the claims made in the call, contact Commonwealth Bank using their official channels.
• Report the number: Inform the relevant authorities such as the Australian Competition and Consumer Commission (ACCC) or Scamwatch.
• Use Reverse Phone Lookup Australia: Consider using a service like Reverseau to check the origin of the number before answering unfamiliar calls.

In your cautious approach to dubious dealings over the phone, remember that it's always better to err on the side of prudence. Staying informed and vigilant about phone scams like the one associated with 0420 774 793 / 0420774793 can significantly enhance your protection against fraud.