CYBER-CRIME NEWS


19
May 2020
INVESTMENT SCAM: HOW STEVE LOST $200 000 TO AN INVESTMENT SCAM

Steve is a 65-year-old who lives alone in retirement. Not long after his wife’s death, he received an unexpected call about an investment opportunity. The cold-callers sounded very professional and seemed to have excellent knowledge of investment matters. They answered all of Steve’s questions and their initial contact was followed up with calls from ‘senior advisors’. “There are no shortcuts to wealth. If you receive unsolicited calls or emails, hang up or delete them immediately.” As Steve’s superannuation funds weren’t doing so well, he decided to explore this new investment opportunity. He did......

Read More