**ASIC Alert: Beware of Scammers Posing as ASIC for Registry Customers**
The Australian Securities and Investments Commission (ASIC) has issued a crucial alert to inform consumers about a rising threat: scammers impersonating ASIC officials. These fraudulent actors are targeting Registry customers through deceptive emails, aiming to collect fees and personal information under the guise of renewing business or company names. Below, we outline how to recognize these scams and what steps to take if you suspect you’ve been targeted.
### Key Indicators of Potential Scams:
Scammers often use tactics designed to create a sense of urgency and mimic official communications. Be wary if you encounter any of the following red flags:
– **Payment Requests Over the Phone**: Genuine ASIC communications will not ask for payments via phone calls.
– **Payment Requests for Refunds**: Be skeptical of communications requesting payment to process a refund.
– **Direct Requests for Credit Card or Bank Details**: Authentic ASIC notices will not ask for sensitive financial information.
– **Mismatched Fees**: Scammers may list fees that differ from those officially stated on ASIC’s website.
– **Unusual Timelines**: Legitimate renewal notices from ASIC are issued 30 days before the renewal date.
### Authentic ASIC Notifications:
To ensure the email you received is genuinely from ASIC, check for the following:
– **Email Address**: Legitimate ASIC renewal notices come from ASIC.Transaction.No-reply@asic.gov.au.
– **Timing**: Notices are issued strictly 30 days before your renewal date.
### Steps to Take if You Suspect a Scam:
If you believe you’ve been contacted by a scammer or have fallen victim to a scam, take the following precautions immediately:
1. **Cease Sending Money**: Do not make any further payments to the scammer.
2. **Contact Your Bank**: Report the incident to your bank or financial institution to secure your accounts and possibly recover lost funds.
3. **Report to ASIC**: Forward the entire suspicious email to ASIC.
4. **Beware of Follow-up Scams**: Scammers may attempt secondary scams, claiming they can help recover lost money. Remain vigilant against such claims.
### Consumer Advice and Support:
ASIC strongly advises consumers to exercise caution and thoroughly verify any suspicious communications before responding or taking any action. If additional support is needed, services such as IDCARE, Lifeline, and Beyond Blue are available to provide assistance.
By staying informed and vigilant, consumers can protect themselves from these malicious schemes and ensure their business dealings remain secure.
You can safely renew your business name with Registration Pty Ltd, an ASIC Registered Agent at their website Reg.com.au
