The Australian Securities and Investments Commission (ASIC) has issued a warning to Australian consumers to beware of a new scam that has emerged in the US, which attempts to dupe people into buying stock in a company by leaving a bogus "wrong number" stock market tip on their answering machines.
The Australian Securities and Investments Commission (ASIC) has issued a warning to consumers to be wary of a new e-mail scam that's in circulation that invites users to participate in a "work from home" money transfer scheme.
A Melbourne financial adviser who got conned by a "Nigerian investment scam" has been sentenced to five years and three months jail after he took AU$1 million from his clients to pay for the fees required in the scam.
The number of people complaining about falling victim to or being targeted by a phishing scam has doubled in Australia over the past few months, according to the Australian Securities and Investments Commission (ASIC).
The Australian Securities and Investments Commission (ASIC) on Thursday warned about a number of international companies targeting Australian Internet users with risky investment schemes.
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