REVEALED: The many tricks of investment scammers

TOO-GOOD-TO-BE-TRUE investment cold calls and buy and sell scammers preyed on migrants and indigenous consumers resulting in $13.7M being scammed in 2020. That amount is part of the $61.8M total losses from fraudulent investment schemes while incidents involving this sector of Australian consumers, particularly those aged 20-30, are rising based on Scamwatch 2020 data. Investment …

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