May 16, 2016 BY LeapRate Staff

ASIC reports doubling of investment scam losses in 2015

Australia financial regulator ASIC has issued its annual Targeting Scams report as part of Australia's Consumer Fraud Week 2016. The report shows that losses reported to the ASIC's Scamwatch website from investment scams doubled in 2015. ASIC data indicates that a wide variety of scams, including investment and 'get rich quick' scams, continue to hit Australians.…

Read more