scams

Recent reports of invoice fraud involving one of the world's biggest companies Tesla are a reminder that even basic measures can help slow the rise of such scams. Invoice scamming involves cybercriminals impersonating businesses, intercepting emailed ... More

Superannuation has revolutionised the way people retire. Many ordinary, working Australians are finding themselves entering retirement with more than a million dollars in retirement savings. While this should set them up for a long and happy life of ... More

The moonward trajectory of Bitcoin has garnered mainstream attention. What's received less attention, though, are the associated cryptocurrency scams you'll want to avoid. Crypto scams come in all shapes and sizes. This month, Stefan Qin, a ... More

Bond investment scams are on the rise, warns the Australian Securities and Investment Commission (ASIC). Scammers call up unsuspecting investors offering high-yield bonds. ASIC has been aware of two outfits running the scams here in Australia and two ... More

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