0431 717 498 - Suspicious Scam Alert: Impersonating CommBank

• Scam

The number 0431 717 498 has been reported as a suspicious scam impersonating Commonwealth Bank. If you receive calls or messages from this number, learn how to safely handle the situation.

Understanding the Calls From 0431 717 498

The phone number 0431 717 498 / 0431717498 has been identified by multiple users as a suspicious contact that appears to impersonate Commonwealth Bank (CommBank). Reports indicate that this number sends scam messages claiming to facilitate fraudulent transactions. Such calls and texts are alarmingly common, and it's essential to know how to recognise and address them effectively.

What Users Are Reporting

Recent reviews on this number reveal a clear pattern: individuals are receiving messages that falsely claim to be from CommBank, urging them to use a unique Netcode to “finalise” substantial purchases, such as AUD 540.00 to COSTCO or AUD 890.20 to APPLE. Each message instructs recipients to call a provided number if the transaction was not authorised, which further complicates the issue by directing them to potentially more fraudulent entities.

The Nature of the Scam

The manner of this scam is typical of phishing tactics, where the aim is to elicit sensitive information or prompt a call to a scam number that leads to financial loss. The mention of legitimate brands like CommBank, COSTCO, and APPLE is a technique often employed to establish an air of credibility. Users are led to doubt their safety, prompting them to act without careful consideration.

How to Handle Calls from 0431 717 498

• Do Not Respond: Avoid engaging with the number or providing any personal information. Legitimate institutions never ask for sensitive data through unsolicited texts or calls.
• Verify Independently: If you receive a message that appears to be from CommBank or any major financial institution, contact them directly using verified contact details from their official website or documents.
• Report the Scam: Alert authorities or consumer protection agencies about the number, so they can take appropriate actions.
• Utilise Reverse Phone Lookup Tools: Websites like Reverseau can help track down information on the number, offering insights based on collective user feedback.

Conclusion

In summary, the phone number 0431 717 498 / 0431717498 should be treated with caution as a potential scam related to Commonwealth Bank operations. It is crucial to safeguard your personal information and conduct any necessary checks through reliable channels. By staying vigilant and informed, you can help protect yourself and others from falling victim to these deceptive tactics.