The AU Method or Aussie Method Trading Software Scam
The following websites are being used by the AU Method or Aussie Method Trading Software scammers:
The scammers will create more websites with different names. They will also create social media pages (Facebook, Twitter).
How the Scam Works
Potential investors are tricked into visiting fraudulent websites or responding to ads. The potential investers are then called and lured by the promise of making huge profits and accounts are set up in their names showing healthy gains which prompt further investments. After the investors realise that they are unable to withdraw their funds and then the people they are dealing with become difficult to contact. Their "accounts" are then closed and their money is gone.
Be wary of any investment which offers a high return with little risk and get independent financial advice before committing. Only use operators with an Australian Financial Services licence or are authorised by an AFS licensee. Also, check on the ASIC website for more information on investing.
WA investors who have given money to Aussie Method should contact Consumer Protection by email at firstname.lastname@example.org or calling 1300 30 40 54. For more advice on binary options and other investments please visit the ASIC’s Moneysmart website.