Courtesy SMSF Association
Is it a scam? New data released
Naturally, people aspire to get the most out of their investments, especially if a great opportunity is presented by a ‘trusted’ organisation. However, investment scams occur more often than you may think, highlighting the risk both self-directed investors and SMSF trustees may potentially face when seeking new investment opportunities. New data released from Scamwatch Australia has reinforced the sophistication and rapidly growing number of scams each year in Australia – whi