Search Results | Showing 61 - 70 of 215 results for "Scam" |
| | The corporate regulator has issued information for social media influencers who discuss financial products and the licensees who use them, warning they face substantial penalties if their content contravenes financial services law. The information sheet ... |
| | | ... compared to 2022. And losses to scams are likely to be much higher than reported to Scamwatch, as research shows that of all scam victims only around 13% report to Scamwatch. Westpac's research on love scams showed its customers alone lost $11.4 million ... |
| | | Australians have forked out $50.9 million on cryptocurrency trading fees as more intend to invest in this asset class. According to Finder, Bitcoin charges a fee of 0.6% based on the purchase price for parcels less than $10,000, while some exchanges ... |
| | | In a public statement this week, the Australian Securities and Investment Commission ( ASIC) has issued a warning urging self-managed super funds (SMSFs) to consider the risks of cryptocurrency investments. The corporate regulator said that it had noticed ... |
| | | Despite a flood of litigation following the Royal Commission, a new report from Herbert Smith Freehills says Joe Longo's ASIC is taking a less aggressive enforcement approach than its contemporaries. Herbert Smith Freehills' Global Financial Services ... |
| | | More Australians can expect a crypto-centric gift in their Christmas stockings this year, a new survey shows, which examines the growing appetite for crypto assets. Over half of the 2000 Australians surveyed by Crypto.com are considering bitcoin and ... |
| | | A fake bond scam run has allegedly defrauded self-managed super fund members of $2.8 million. Richard Emil Ayoub, an American national, allegedly funnelled the money into Bitcoin between March and August 2021 after promoting it to investors as a fixed ... |
| | | ... she doesn't want to prevent people from being interested in finance or expressing their views, it is not a free pass to scam or mislead. "There's never an excuse for that. But the existence of a small number of unscrupulous actors doesn't ... |
| | | ... cryptocurrency, especially through Bitcoin, and cryptocurrency scams were also the most commonly reported type of investment scam, with 2240 reports," ACCC deputy chair Delia Rickard said. Scammers pretend to have highly profitable trading systems based ... |
| | | ... their refund to be paid into their bank account. ASIC is concerned that some consumers offered a refund may think it is a scam. |
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