Hello tellows friends,
Who doesn’t worry about their money? It’s a completely rational concern. But what happens when scammers play on this feeling? In today’s blog, we will be introducing you to the latest “press 1 scam”, which seeks to exploit your fears and steal your money.
How this scam works
These calls start with a recorded message intended to cause panic. Often, the caller claims to be from a bank or credit card company, informing the listener that an unauthorised transaction has occurred or is about to occur. To stop this, the listener must “press 1”.
When the listener presses 1, they are connected to a real person, who may demand personal information or bank details. Of course, this person has nothing to do with any bank or legitimate organisation. The cost of the call itself is also likely to be expensive, as scammers want to make as much money as possible from stressed consumers.
It goes almost without saying that it is a huge risk to divulge this information when requested by a caller. With your bank details, scammers can empty your bank account before you have a chance to stop them.
What our users say
Throughout July, many of you reported this type of scam caller on the tellows platform.
Hex commented on the number 02087926297:
Automated phishing call saying my credit card paid £600 to a foreign country. Instructed to press 1 to allow or stop the payment. Needless to say I did a 1471 before the second call could be made from an unlisted number; people will fall for this one
Chris reported the number 01243544185 with the comment:
Automated call received this afternoon, a recorded voice requested I press 1 to stop a suspicious payment of £600 being made by Visa from my account.
Mark wrote this about the number 01568616123:
Scammers having an off day – automated “emergency” message saying I had a card transaction of £600 and to press 1 to speak to an operator. Pressed 1 expecting some scammer to try (and fail) to get my bank details and was greeted by “George” from “BT Broadband”. Must try harder!
Our advice to you
- Don’t give out your bank details over the phone. Know that your bank will never ask you for your pin number or your card’s security code. If you are asked for this information, you should immediately be suspicious.
- If a caller appears to know some of your personal information, this does not mean that they are legitimate. Always be wary of trusting a stranger on the phone, it is much better to be overcautious in this situation.
- Don’t forget that you ALWAYS have the power to hang up the phone and end the call. If you are concerned, you can easily call your bank yourself using the official phone number from their website.
- Finally, don’t forget to share information on the tellows website! With your help, other members of our community can avoid falling victim to the scammer.
Your tellows team