Investors’ Alert

Filipino and foreign investors: Protect yourselves from investment scams and swindlers.  Understand their tricks in promoting “get rich quick” investment scams.

BEWARE of offers that sound too good to be true! These cannot be true, especially those that offer once-in-a-lifetime opportunity to make a lot of money quickly. 

Remember: An informed investor makes good investment decision. Be wary of any “get rich quick” investment schemes. Safeguard your interest.  Get the latest materials on investment scams and swindlers.  

One of the good sources of information materials we have identified is the website for consumers and investors of the Australian Securities and Investment Commission (ASIC) at http://www.fido.asic.gov.au/. Specifically the following topics are of interest:

• Scams and Swindlers

• Investment Seminars

• Boiler Room Operations

• Cold calling: overseas offers by phone

• International Investing

• Unclaimed money

• "Con artist are also adopting to the changed environment"

• Frauds using religion are on rise

• Attending a free investment seminar

• Managed Investment Schemes

 

With Permission from the appropriate authorities of the ASIC.