0430 928 514: Scam - Commonwealth Bank Fraud Alert

• Scam

Received a call from 0430 928 514? This number has been reported as a scam, impersonating the Commonwealth Bank. Read on for guidance on how to handle calls from this number.

If you've recently received a phone call from 0430 928 514 / 0430928514, you might want to tread carefully. This number has emerged as a scam operation, with reports indicating that callers purporting to be from the Commonwealth Bank are attempting to deceive recipients into revealing personal information.

According to a recent user report on 22 January 2024, a recipient was contacted by this number under the false pretense that their credit card was used to purchase bitcoin. This type of scam is particularly disturbing as it plays on people's fear and anxiety about potential financial loss.

Understanding the nature of such calls is crucial. Scammers often impersonate reputable financial institutions like banks to lend credibility to their threats. By claiming that urgent action is required, they aim to trick individuals into providing sensitive details, such as banking information or personal identification numbers.

So, how should one handle a call from 0430 928 514? Here are some recommended steps:

• Don’t Engage: If you answer and realise it’s a scam, avoid providing any information and hang up immediately.
• Do Your Research: Use services like Reverseau or a reverse phone lookup in Australia to validate the legitimacy of the call.
• Report the Number: Inform your bank about the call, and report the number as a scam so that others can be warned.
• Block the Number: To prevent future calls from this scammer, consider blocking the number on your device.

In today’s digital world, vigilance is vital. The rise of such scams highlights the importance of knowing who is behind the call. If you’re uncertain, tools like Reverse Phone Lookup Australia can help clarify any confusion about unknown numbers. Remember, it's always better to err on the side of caution. Stay alert, and protect your information!