Bitcoin Millionaire Scam
Western Australian’s are being targeted with spam emails and links to a website offering a bitcoin trading software which promises to makes $2440 per day. The email and website say they will realease as few as 500 licences for the software, creating a sense of urgency.
The website is full of fake testimonials of people living a luxurious lifestyle after using this software. The testimonials have been performed by paid actors and are completely fake.
The website binaryoptionswatchdog.com performs in-depth reviews of binary options brokers to determine if they are legitimate or a scam. The review of Bitcoin Millionaire, also known as Bitcoin Millionaire Today, has been assessed as a scam.
Be wary of any investment which offers a high return with little risk and get independent financial advice before committing any money. Only use operators with an Australian Financial Services license or who are authorised by an AFS licensee. Also check on the ASIC website for more information on investing.
WA investors who have given money to Bitcoin Millionaire/Today should contact Consumer Protection by email or by calling 1300 304 054.
More advice on binary options and other investments is on ASIC’s Moneysmart website.
Visdom Investment Management, ChicagoRead More...
Scammers have set up a fake investment company to defraud investors using the name of an investment company based in Hong Kong.
Absolute Finance Pty LtdRead More...
We recently received a report about the loss of €300 Euro from the victim of a fake binary options trading scam - Absolute Finance Pty Ltd.
The Bitcoin Investors Club scamRead More...
WA ScamNet received a report of a $5,000 loss to The Bitcoin Investors Club which claimed that the investment would be worth $40,000 in two years.
The Aussie MethodRead More...
WA investors are suffering large losses after being scammed by bogus companies and websites offering investment opportunities in binary options’ trading. Nationally, according to the ACCC, Australians have lost a total of $3 million in 2016.
ANZ refunds phone scamRead More...
ANZ is to refund $5 million to about 25,000 basic account holders for incorrect charges.
WA ScamNet has had a report of a phone scam where the caller claims to be from the Australian Government offering an ANZ refund.
Online Loan Scam - Finance Money AustraliaRead More...
Consumers looking for loans online are again being stung by paying fees or insurance charges upfront to scammers who have stolen the identity of legitimate credit providers.
Larosa GroupRead More...
Massive losses are feared after Austraians were duped by a bogus investment company operating a fake website.
Public warning about Gerardus (Gerry) JorissenRead More...
WA ScamNet and Consumer Protection are warning Western Australians not to deal with Gerardus (Gerry) Hermanus Jorissen who has sent at least $200,000 of other people’s money to overseas criminals under the guise of an investment scheme.
Online loan scammers posing as Mercury MoneyRead More...
In the last few weeks consumers have contacted WA ScamNet at Consumer Protection after being defrauded by scammers posing as Mercury Money – a legitimate brokerage company based in Perth.
Sea container investment schemesRead More...
Caution urged over sea container investment schemes and promotions (also known as ‘acquisition of maritime containers’).
West Perth man arrested for a series of real estate fraud offencesRead More...
Perth City Detectives have arrested a West Perth man for a series of offences, whereby he allegedly recieved security bonds and advance rent for properties he had no authority to rent, targeting mostly international victims. Anyone who has concerns or knowledge regarding this man is asked to call Crime Stoppers on 1800 333 000.
Money washRead More...
A 56 year old man from WA’s South West has suffered a two million dollar loss, the largest ever reported to Project Sunbird, after becoming a victim of an investment and ‘money wash’ fraud.
Sports ArbitrageRead More...
The last time Consumer Protection warned Western Australians about sports arbitrage and prediction software was in 2010 and it’s still a sure bet if you want to lose money.
Investment seminars & real estate scamsRead More...
Some investment seminars may try and convince you to follow high risk investment strategies, such as borrowing huge sums of money to buy property. Others promote investments that involve lending money on for no security—or with other risky terms. While investment advice can be legitimate and beneficial, it is important to look carefully at what an investment scheme or seminar is offering. Attending an expensive seminar or investing in the wrong kind of scheme can be costly mistakes.
Credit card scamsRead More...
A credit card scam can come in many forms. For example, scammers may use spyware or some other scam to obtain your credit card details. A scammer might steal or trick you into telling them your security code (the three or four digit code on your card) and then make purchases over the internet or the telephone. If they know your PIN, they could get cash advances from an ATM using a ‘cloned’ credit card (where your details have been copied onto the magnetic strip of another card).
Misuse of Ukash by scammersRead More...
WA ScamNet has been warning consumers about the dangers of wire transfer since the scam warning website was originally launched back in 2002. Up until now the predominant service misused during scams targeting Australians has been Western Union. However several recent reports (July 2011-March 2012) received by Consumer Protection and investigated by WA ScamNet have involved a service called Ukash.
Customs FeesRead More...
The Internet is an increasingly popular way to buy and sell goods. Many scammers are becoming more sophisticated, targeting these transactions with bogus claims for Customs fees.
Investment proposal emailRead More...
An overseas company is looking for partners to assist them in investing millions of dollars in Australia. You could stand to profit by as much as 35% of the initial investment. Sounds too good to be true – it certainly is!
Law Enforcement Agency ScamsRead More...
Scammers are doing their homework on Government law enforcement agencies and copying logos and job titles in order to dupe people into sending them money.
Sports Arbitrage/Prediction Software SchemesRead More...
If you take a gamble with sports arbitrage or share prediction schemes you can bet your bottom dollar you’re going to lose money.