Tag: investment scams

May 21, 2018 BY LeapRate Staff

Investment and Binary Options scams rise in record $340 million 2017 in Australia

The Australian Competition and Consumer Commission (ACCC) has reported that Australians lost more money to scammers in 2017 than in any other year since the ACCC began reporting on scam activity. According to the ACCC’s ninth annual Targeting scams report released today, more than 200,000 scam reports were submitted to the ACCC, Australian Cybercrime Online Reporting Network…

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crypto scam protection interview
May 15, 2017 BY Valentina Kirilova

Australia consumer watchdog reports $11.6 million of cold calling binary options scams in 2016

During Consumer Fraud Week 2017, ASIC is reminding consumers to protect themselves against investment scams. ASIC Deputy Chairman Peter Kell said: The Targeting Scams report published today by the Australian Competition and Consumer Commission (ACCC) shows reports to Scamwatch on investment scams increased in 2016. ASIC is alerting the public to ways to stay informed…

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