Money MattersThe Australian Competition and Consumer Commission (ACCC) is warning small businesses to watch out for a business directory scam.

Small businesses have reported receiving a fax claiming to be from ‘Yellow Page Australia’ and ‘Open Business Directory Ltd’.

The fax appears to be seeking confirmation of the contact details for their business.

However on closer inspection, the fax is an agreement to sign up to an online business directory service charged at $99 per month for a minimum two-year period.

Small business operators should be alert and follow these key rules:

  • If you receive a ‘Yellow Page’ fax or email, bin it.
  • Sensis, the owners of the Yellow Pages® directory, will never approach you this way
  • If you get a threatening phone call, email or fax demanding payment – ignore it and report it
  • Ensure employees are aware of this scam and know how to protect your business.

If you think you have come across a scammer you can report it to the ACCC via SCAMwatch

Should you require more information regarding financial and identity protection, please feel free to contact the team at South East Access