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Investment Scams

Fake companies and investment offers

MoneySmart provides some sage advice on investment scams.

A phone call or email 'out of the blue' offering you a not-to-be-missed investment opportunity could be a turning point in your life. If you say 'yes' to the deal and the offer is a scam, you could lose thousands of dollars or end up with enormous debts.

Investment scams are often so professional, slick and believable that it is hard to tell them apart from genuine investment opportunities. Our tips break down how investment scams work.

See full page here.

Reproduced with permission of ASIC.

Source: ASIC's MoneySmart website, moneysmart.gov.au, 30 March 2011.