0488 862 724: Scam Alert – Superannuation Fraud

• Scam
• Spam
• Suspicious

0488 862 724 has been reported multiple times by users as a scam number related to superannuation fraud. Learn how to deal with calls from this number effectively.

Beware of 0488 862 724 / 0488862724 – A Scam Number

The phone number 0488 862 724 / 0488862724 has sparked numerous reports from users who have identified it as a possible scammer attempting to illicit personal details under the guise of providing information about superannuation. This alarming pattern has raised significant concerns regarding the integrity of calls coming from this line.

Analysis of User Reports

Numerous users have flagged this number as suspicious, largely due to the aggressive nature of the suspected scam. On the 6th of May 2020, several individuals reported receiving multiple calls from the same number. Each caller noted the absence of voice messages, commonly a sign of telemarketing tactics or potential scams.

• Caller Identity: Many reported that the person on the other end identified themselves as "Courtney" but provided no verifiable details. Their reluctance to share crucial information raised a red flag for many who were contacted.
• Identified Scams: Some users labelled the call as deceptive, implying that the caller was attempting to gather sensitive information about their super funds. One contributor vividly detailed a conversation where the caller claimed they were informing recipients of recent government changes to superannuation, urging them to share personal details for verification purposes. However, the caller failed to substantiate their claims with credible organisational details.
• Trust Your Instincts: Many reported a general feeling of discomfort, as the callers insisted on obtaining personal information without providing a legitimate reason. An individual noted that when pressed for clarity, the caller became flustered and unable to answer straightforward questions.

Taking Action Against These Scams

In light of these findings, it is advised that individuals receiving calls from 0488 862 724 / 0488862724 refrain from sharing any personal or financial information. Here are some steps you can take:

• Do Not Engage: If you receive a call from this number, it’s best to hang up immediately. Do not provide any personal details, as scammers often use this information for various fraudulent activities.
• Report the Number: Consider reporting the number to local consumer protection agencies or the Australian Communications and Media Authority (ACMA) to help raise awareness of the ongoing scam.
• Use Reverseau: Utilize a reverse phone lookup service, such as Reverseau, to identify and monitor any suspicious numbers that have contacted you.

This number is a clear example of how scammers exploit the urgency around superannuation changes to manipulate unsuspecting individuals. Stay vigilant, and always trust your instincts when fielding unsolicited calls.