Investment Scams

What investment scam type had highest loss in FY23-24

• Stocks/Shares

• Crypto

• Property Investment

• Apple Stock

An investment Scam can also be refer to as

• Advance Fee Scam

• Nigerian Scam

• Brisbane Scam

• All can be referred to as a Investment scam

What can you ask the member to confirm they have performed due diligence check on an investment?

• Google Search company with the word scam added at the end

• Check the investment company on ASIC

• Double check the investment isnt endorsed by a celebrity

• All of the Above

How much money did Australians reportedly lose to investment scams in FY 23-24?

• 189mil

• 223mil

• 352mil

• 382mil

What age group has reported the most investment scams so far in 2024

• 18-24

• 25-34

• 55-64

• 65+

What are common types of investment scams?

• Crypto Investment

• Superannuation Investment

• Gambling and Betting Scam

• Ponzi Scheme