Betting & sports investment scams Betting and sports investment scams try to convince you to invest in 'foolproof' systems and software that can 'guarantee' you a profit on sporting events. Investment scams Investment scams involve getting you or your business to part with money on the promise of a questionable financial opportunity. Related news 12 August 2019 Record losses expected as scammers target Australians 3 May 2019 Vulnerable consumers lose record amount to scammers 24 September 2018 Consumers urged to be wary of celebrity endorsement scams 23 July 2018 Beware investment wolves knocking at the door 24 May 2018 Business losses to scams up 23 per cent 6 November 2017 Don’t be taken for a ride this Melbourne Cup