Search Results | Showing 1 - 10 of 39 results for "Investment scams" |
| | | ... listed on AUSTRAC's Virtual Asset Service Provider Register (VASPR). The warning comes as ASIC continues to target investment scams and unlicensed operators, with the regulator urging consumers to independently verify licencing and contact details rather ... |
| | | | ... case is another example of ASIC's broad work to combat scams, from pursuing alleged facilitators of cross-border investment scams, to taking action against institutions whose failures leave customers exposed," Court added. |
| | | | ... to act efficiently, honestly and fairly," ASIC said. "ASIC's action reflects its ongoing focus on disrupting investment scams, particularly those exploiting trusted brands or purporting to offer fixed-income or bond products to retail investors." |
| | | | ... outcomes and member services and improving consumer outcomes remain a core strategic priority for it. "Combatting investment scams and reducing their impact on Australian consumers continues to be an ongoing priority for ASIC," the regulator said. Prakash's ... |
| | | | ... Further, in the wake of the collapse of FTX and risks associated with money laundering, security failures, and investment scams, the report found that the net lack of trust in digital currencies has risen to 60% in 2025 from 57% last year. However, among ... |
| | | | ... estimates that more than 108,000 scams have led to $174 million in financial losses. Some $73.3 million involve investment scams that commonly promise big payouts with little risk. New South Wales is home to the highest number of scams at 8909, followed ... |
| | | | ... that young Australians are increasingly relying on social media for financial advice, which puts them at risk of investment scams. Young Australians aged 18-34 are twice as likely to source financial advice from social media than those aged 35-49. Of ... |
| | | | ... in preventing, detecting and responding to scams and fraud activity. In the letter, Constant said disrupting investment scams is a priority for ASIC and the regulator has observed "weak trustee practices" relating to scams and fraud. "Over the coming ... |
| | | | ... authorised or regulated by ASIC, fake investment trading platforms, and crypto-asset related scams. Combating investment scams is a key priority for ASIC. Since July 2023, the regulator has coordinated the removal of over 7300 phishing and scam websites ... |
| | | | ... platform scams since July 2023. It has also seen the closure of 1065 phishing scam hyperlinks and 615 cryptocurrency investment scams, the corporate regulator revealed. The takedown follows an earlier warning on "fake news" articles and "deepfake" videos ... |
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