One of the excuses was that there was criminal activity to hack the government’s website.
The Australian Taxation Office, the banks, Australian Securities and Investments Commission and consumer organisations are constantly warning us to be on our guard us to the dangers of unsuspecting criminal activity.
A few more illustrations:-
Your Hotmail account doesn’t work and you look up a help desk on Google. The first Advertisement to come up has a 1300 number, you call it and there is an $11 charge for their assistance. By the end of the day the withdrawals can be $2,000, $5,000, what is the limit of your account? Money gone and now you have to fight with the bank over your naivety.
Are you insulted by this? I hope it means you will remember the illustration.
Consumers are constantly providing credit card details over the phone and every time you do so, you do so at your peril.
The risk is much greater if you have received the phone call, rather than calling a reliable source.
Whilst the victim above might blame Google for false advertising and participating in criminal activity, it reverts to you – be vigilant!!
The old technique was to have people draw cash from their bank, take it to the Australian Post to have it sent to Wells Fargo. The new scam is even easier! “We need $500 on an ITunes card. You buy the ITunes card from the supermarket with your credit card”. Who cares how you pay for it. The ITunes card is as good as cash.
As reported in the earlier scam warnings, it almost is at the point where you shouldn’t answer the telephone, nor look up a phone number on any resource connected with the internet.
Another tip. If you receive an e-mail that looks to be correct check the address it has been sent from before clicking. It might say it comes from Australia Post, the ATO or the Australian Federal Police but the sending address is nothing like what these organisations might use. Having said that, be aware of sender addresses that are close. An example can be a similar name but only .com rather than .com.au.
If in doubt ring the organisation in question but NEVER NEVER click before you're satisfied.
The advice provided is general advice only as, in preparing it we did not take into account your investment objectives, financial situation or particular needs. Before making an investment decision on the basis of this advice, you should consider how appropriate the advice is to your particular investment needs, and objectives. You should also consider the relevant Product Disclosure Statement before making any decision relating to a financial product.