0420 778 946: Scam Alert - Fake Bank Transaction Call

• Scam

The phone number 0420 778 946 has been reported as a scam related to fraudulent bank transactions. Learn how to identify this scam and protect yourself from phone fraud.

Understanding the Scam Behind 0420 778 946

Reports from users indicate that the phone number 0420 778 946 / 0420778946 is linked to a fraudulent automated call claiming to be from the Commonwealth Bank of Australia (CBA). This type of scam, often referred to as a phishing scam, aims to deceive individuals into disclosing personal banking information.

What Happened?

A recent review dated 11 January 2024 described an event where the recipient received an automated message stating it was regarding a suspicious transaction of AUD $1800 attempted on their CBA account, which they do not even hold. The message prompted the user to either approve or decline the transaction by pressing corresponding digits on their phone keypad. This tactic is a classic method employed by scammers to create a sense of urgency and trick unsuspecting individuals into revealing sensitive information.

Why Is This a Scam?

Firstly, banks such as CBA will never ask you to confirm transactions via an automated call in this manner. Instead, they typically advise customers to contact them through official channels if there's suspicious activity on their accounts. The request to press a button only increases the likelihood of a scam, as scammers can use these responses to gather data or potentiallyharvest bank account details through follow-up calls.

Steps to Protect Yourself

If you receive a call from 0420 778 946 / 0420778946 or any similar phone number, here are the steps you should take:

• Hang up immediately: Do not engage with automated messages or give out any personal information.
• Do not press any buttons: Following their prompts can complicate the situation or put your details at risk.
• Verify the claim: If you are concerned about your transactions, contact your bank directly using a verified phone number from their official website.
• Report the scam: Your report can help others avoid falling victim to this type of fraud. Consider reporting it to Scamwatch or your local authorities.

Conclusion

In the age of rising telephone scams, it’s essential to stay vigilant and informed. The phone number 0420 778 946 / 0420778946 is a warning sign of a phishing scam that targets vulnerable individuals. For more information on suspicious calls or to perform a Reverse Phone Lookup Australia when you’re unsure about a number, consider utilizing tools like Reverseau to see who called you and report scams appropriately.