Scammers

PHOTO: Scammers

Three real estate and settlement agents have lost more than $100,000 between them after scammers called them, pretending to be from one of the big four banks.

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The victims all received phone calls from someone pretending to be from NAB and were told a recent payment from their trust account had been blocked because it was suspicious, or the account needed to be reset.

New warnings to be aware of scammers after a real estate agent lost more than $40,000.

New warnings to be aware of scammers after a real estate agent lost more than $40,000.

One real estate agent lost $43,080, while two settlement agents lost a total of $64,468.28.

In each case, the scammers knew exactly how much the recent payment was for.

They told the victims they needed a code sent to them in order to unlock the account, but instead used the code to withdraw funds from the trust account.

NAB has implemented a new system to send real-time personalised messages of customers performing out-of-character transactions in the NAB online banking and smartphone app.

WHAT TO DO TO PROTECT YOURSELF FROM SCAMS

1

BEWARE

Beware of anyone offering you easy money through investment or a job. Visit moneysmart.gov.au to avoid investment scams.

2

CHECK

Check invoices and bills before paying, by
independently calling the business on the publicly
listed number.

3

ADD SECURITY

Add steps to show who you are when you log into
your online services. This could be a code sent to
your phone, a token, a secret question or your face
or fingerprint.

4

NEVER GIVE INFORMATION

Never provide information, passwords, or codes over
the phone or via text to anyone. Contact government,
businesses, and banks through official channels.

5

BE PROACTIVE

Immediately report any suspicious activity to
your bank.

Western Australia’s Commissioner for Consumer Protection Trish Blake says it’s disturbing how realistic the scam appeared to be, and is urging consumers and businesses to be vigilant.

“If you receive a call from your bank, no matter how legitimate they may seem, never give out personal details or access codes over the phone,” Ms Blake said.

“The best thing to do is hang up and call your bank back from a known number such as the one on their website or a bank statement.

READ MORE VIA NEWS.COM.AU

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