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Is this text message a con?

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Received a text message today, saying that I should reply with "Confirm" to find out how much I am due after an accident. I've not had an accident, and I assume this is a scam. Is the idea that the reply text message costs me a lot of money due to it being a premium call rate?

How do these scumbags get my number?
Warning: This forum may contain nuts.

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