7 Articles
7 Articles
'Incredibly hard': Scammers 'thriving' off interest rate cuts
Australians have been warned about a surge in investment scams as the Reserve Bank of Australia continues to lower interest rates.ANZ head of customer protection Shaq Johnson said interest rate cuts provided scammers with a chance to "thrive"."People, when rates are falling, understandably, they look for a better deal," he told Today.READ MORE: Sean 'Diddy' Combs paid to hide Cassie beating video, court told"And that's why we see a lot of scamm…
Sebi flags surge in social media stock scams. Here's how to to find registered intermediaries
Sebi warning:Sebi has alerted investors about a surge in market scams on social media platforms where fraudsters pose as investment advisors, using fake certificates, deceptive content, and fraudulent apps to promise assured returns and lure unsuspecting traders.
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