ASIC also took down over 1,100 online scam investment advertisements. Australian regulators removed an average of 32 phishing and investment scam websites a day in 2025, according to data from the ...
Scams cost Australians $2.18 billion in 2025 — an increase of 7.8% on the previous year — according to new figures from the National Anti-Scam Centre (NASC). As Scams Awareness Week returns in 2026, ...
Scammers are using impersonations of celebrities, politicians and trusted public figures to promote fake investment schemes, with the corporate watchdog warning AI is making the practice increasingly ...
ASIC Deputy Chair Sarah Court said the regulator has beefed up its scam enforcement to include monitoring social media ads. Update Aug. 24, 11:40 pm UTC: This article has been updated to include more ...
This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author. The Federal Court granted ASIC’s application to wind-up the 95 companies ...
The Australian Securities and Investments Commission (ASIC) has removed more than 14,000 investment scam and phishing websites since July 2023, with crypto fraud accounting for approximately 3,015 ...
ASIC has recently written to superannuation trustees urging them to strengthen anti-scam practices, or risk ex”posing members to harm.” The open letter, which is reportedly signed by ASIC Commissioner ...