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Investment scams promote fake or non-existent investments, often promising unusually high returns with little or no risk. Contact may begin through a call, social media, email, or text message.

Warning signs

  • An unsolicited financial expert offers rapid wealth or guaranteed returns.
  • Pressure to invest quickly or keep the opportunity secret.
  • No verifiable licence, registration, office, or investment history.
  • Fake websites, statements, celebrity endorsements, or professional-looking platforms.

Stay safe

  • Verify advisers and businesses through official Australian Securities and Investments Commission registers.
  • Do not accept unsolicited investment advice through social media.
  • Research independently, seek advice from a registered professional, and take time to decide.
  • Monitor your accounts and never transfer money solely because a website shows profits.