Online Threat Alerts (OTA)
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The AU Method or Aussie Method Trading Software is a Fake

The AU Method or Aussie Method Trading Software is another binary trading options scam. There is no such binary options trading system or software, therefore, online users should not be fooled by fake websites created by scammers to convince their potential victims into signing up for such fake system. The scammers behind the bogus trading software are using videos with paid actors, bogus financial statements, rented luxury houses and cars to convince their potential victims into investing in their bogus business.

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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.

Advice

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 consumer@commerce.wa.gov.au or calling 1300 30 40 54. For more advice on binary options and other investments please visit the ASIC’s Moneysmart website.

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Note: Some of the information in samples on this website may have been impersonated or spoofed.

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