scams

Finance is no stranger to scams, counterfeits, lies and criminality. As long as there's been money, there's been inventive ways to steal it - often with insiders as the main culprits. The scams are usually variations on similar methods, like ... More

Insider trading could be the devil lying in wait during this coronavirus pandemic. The U.S. Securities and Exchange Commission (SEC) and the European Security and Markets Authority both issued warnings earlier this year of trading that leverages coronavirus ... More

The arrival of open banking - which allows financial institutions to share customer data - should give households the ability to track down better deals and products. But it also raises concerns about the privacy and security of personal information. ... More

Scammers want your money and they want your identity too. That's one of the key messages from the Australian Competition and Consumer Commission (ACCC) during Scams Awareness Week. The commission says they've seen a 55% increase in cases of ... More

The regulator ASIC is warning retail (smaller) investors to be cautious when investing in fixed-term products that directly compare themselves to bank term deposits. It is seeing a surge in marketing and advertisements for fixed-term investment products ... More

Investments aren't always what's advertised on the box, the Australian Securities and Investment Commission has warned investors. The regulator has received reports of fixed-income products that are advertised as term deposit alternatives or substitutes ... More

Another week, another raft of government announcements. Here are some of the questions you've been asking this week. You can catch up on last week's Q&A here . 1. Who is eligible for the JobKeeper payments? If you have been stood down or retrenched ... More

The scattergun approach of fraudsters looking to cash in on the early release of unaware Aussie's super has backfired, with one scammer copping an earful from a financial planner he tried to swindle. Fraudsters are posing as agents from superannuation ... More

Identity theft is an increasingly growing problem in Australia. The annual cost is estimated to be around $2.2 billion including government agencies and individuals. A recent report from identity theft and cyber support business IDCare found that consumers ... More

The coronavirus pandemic is continuing to spread. While it's important to protect your health through regular hand washing and social distancing, you should also be vigilant against scams. Widespread anxiety, product shortages and a surge in fake ... More