Articles tagged with 'scam' | ASIC

ASIC news hub (scam)

2021
28
January
2021
| 14:57 Australia/Sydney
Scammers are sending fake, professional-looking prospectuses that offer unrealistically high returns. ASIC is aware of two such scam operations targeting investors in Australia and overseas. Investors can check ASIC’s Offer Notice Board to see if...
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22
January
2021
| 14:22 Australia/Sydney
A suspicious website, Alliance Limited, is misleading traders and investors by wrongly displaying ASIC’s logo. ASIC and other Australian Government agencies never endorse particular investment opportunities. Beware of fake endorsements of investm...
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2020
20
August
2020
| 11:29 Australia/Sydney
ASIC is aware of people pretending to be a legitimate lender (e.g. banks, credit unions) and offering fake loans to Australian consumers. This usually occurs after the consumer completes an online enquiry form expressing interest in a loan. Be war...
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30
July
2020
| 13:54 Australia/Sydney
Scammers pretending to represent ASIC are offering to help people consolidate superannuation accounts. ASIC never gives permission to use its employees’ names or the ASIC logo to promote financial products or services. If you think you or someone...
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29
July
2020
| 15:07 Australia/Sydney
Kochie, Celeste Barber and Waleed Aly among many celebrities whose endorsements are being used fraudulently. Bitcoin scammers are fraudulently using prominent news sites and government agencies in an attempt to legitimise scams. Avoid crypto trad...
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18
June
2020
| 13:33 Australia/Sydney
An increased number of Australians have reported crypto-asset (or cryptocurrency) scams to ASIC. Most crypto ‘investment opportunities’ reported to ASIC appear to be outright scams. Offenders are difficult to catch and money lost on bitcoin scams...
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12
June
2020
| 15:02 Australia/Sydney
A fake website – Market Makers Insider/MMI Forex – is misleading traders and investors by displaying the name and photo of ASIC Chair James Shipton. Similar false representations are also made via the entity’s Telegram site. Beware of fake endors...
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