Scam alert: fake endorsements misleading investors

  • ASIC is aware of scammers taking advantage of people during the COVID-19 (coronavirus) pandemic.
  • Beware of fake endorsements of investment opportunities.
  • A fake website – Market Makers Insider / MMI Forex – is misleading traders and investors by displaying the name and photo of ASIC Chair James Shipton.
  • Similar false representations are also made via the entity’s Telegram site.

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Last updated: 12/06/2020 12:00