Scam Awareness
With scam emails and letters becoming more frequent and appearing more legitimate, we wanted to show an example of a recent case that has come to our attention.
We have been made aware that letters and emails are circulating claiming to be addressed from The Australian Securities & Investment Commission (ASIC), requesting payment. These letters at first look legitimate with correct use of logos, and what may appear as correct contact information.
Please be cautious:
If you receive a letter or email and are not sure if it is legitimate please call ASIC on 1300 935 075 from within Australia, and +611300 935 075 from overseas and ask for the communication to be verified or check with your 4Front Advisor.
Example of scam letter:
ASIC will always include a contact in its communications with you, so you can verify the legitimacy of an ASIC-branded notification.
Additionally, ASIC will always send communications from an email address ending in @asic.gov.au.
ASIC will always call you from a telephone number using Australia’s country code “+61”. If asked, an ASIC employee will provide you with an email from their asic.gov.au email address to confirm the legitimacy of the contact.
Think you have already been scammed?
If you think you’ve been scammed, take these steps fast:
- Do not send any more money. Block all contact from the scammer.
- Report it to your bank or financial institution. If you made a payment from your bank, you should contact your bank or financial institution and ask them to stop any transactions immediately.
- Report it to your digital asset exchange. If you made a transfer of digital assets from a digital asset exchange, you should contact them to report the scam.
- Contact IDCARE, a free government-funded service, which can help to develop a specific response plan if your identity has been compromised. IDCARE will never contact you out of the blue.
- Be wary of follow-up scams promising to help get your money back, including those claiming to be from ASIC.
- Report it to Scamwatch to help stop the scammer.
- Warn your family and friends about the scam.
Click here for more detailed steps: what to do if you’ve been scammed.
If you have any questions or concerns regarding the above, please contact your 4Front Advisor.
Let’s build a future you can look forward to. Call us at (07) 3875 9888 or visit www.4front.net.au to get started today.