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The ACCC is warning the community to watch out for investment scammers who promise the world but leave their victims with broken dreams and empty bank accounts.
Nearly 6000 businesses reported being targeted by scams in 2016 according to the Australian Competition and Consumer Commission’s Targeting Scams report, with losses totalling around $3.8 million, an increase of almost 31 per cent.
Scamwatch is warning investors to beware of binary trading scams that lure you in with the opportunity to make money through asset price movement.
A national campaign has been launched by consumer regulators around Australia to warn potential property investors about property spruikers who claim to be ‘wealth creators’ but are really just in it for themselves.
Queensland Crime and Corruption Commission and Queensland Police Service are seeking to speak with victims of an investment fraud scheme.
SCAMwatch and Telstra are warning consumers to hang up the phone if they receive a call out of the blue from someone claiming there is a problem with their internet connection or computer.
SCAMwatch is warning people thinking about buying a franchise or small business to beware of exciting new franchise opportunities that may actually be scams.
SCAMwatch and the Australian Crime Commission Board are urging Australians to protect themselves from the growing threat of investment scams.
SCAMwatch, Microsoft and the Australian Communications and Media Authority (ACMA) are warning Australians to continue to be wary of scam calls claiming that your computer is infected with a virus or is sending out error messages.
Don’t let a scammer scare you into believing your computer is infected with a virus.