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### Beware of Email Scams: Protecting Yourself from Fraudulent ASIC Communications
The Australian Securities and Investments Commission (ASIC) is alerting consumers to a new scam where fraudulent actors are impersonating ASIC in an attempt to deceive Registry customers. These scammers are using look-alike domains and spoofed email addresses to trick customers into paying fake fees and divulging personal information under the guise of renewing business or company names.
**Identifying Scam Emails:**
To protect yourself, it’s essential to be aware of the telltale signs of a scam email. ASIC advises scrutinizing unsolicited communications for the following red flags:
– **Requests for Payment Over the Phone:** ASIC will never ask you to make a payment over the phone.
– **Promises of Refunds in Exchange for Payment:** Legitimate ASIC communications will not offer refunds contingent on a payment being made.
– **Requests for Credit Card or Bank Details Directly:** Be wary of emails or phone calls asking for your financial information.
– **Unusual Fee Amounts:** Check ASIC’s official website for accurate fee information. Any discrepancies should raise suspicion.
– **Emails Outside of Normal Timeframes:** ASIC sends renewal notifications 30 days before the due date. Communications outside this period should be treated with caution.
Official ASIC notifications will come from the email address: **ASIC.Transaction.No-reply@asic.gov.au**. Any deviation from this address could indicate a scam.
**What to Do if You Suspect a Scam:**
If you receive a suspicious email:
– Cease any further payments immediately.
– Inform your bank or financial institution about the potential fraud.
– Forward the suspicious email to the designated ASIC email fraud reporting address.
For additional support and advice, individuals can reach out to IDCARE or consult with financial counselors.
**Stay Vigilant:**
Remaining vigilant and informed is your best defense against fraud. Always verify the authenticity of any communication purportedly from ASIC and follow the precautionary measures outlined above to safeguard your financial and personal information.
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This blog post is intended to raise awareness and protect the public from falling victim to fraudulent activities. Stay safe and informed!
You can safely renew your business name with Registration Pty Ltd, an ASIC Registered Agent at their website Reg.com.au
