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Australia Launches Fusion Cell to Tackle $1b Investment Scams

The escalating problem of investment scams in Australia, costing citizens more than $1 billion a year, has catalyzed the creation of the National Anti-Scam Centre's first fusion cell. The Australian Competition and Consumer Commission (ACCC) and the Australian Securities and Investments Commission (ASIC) will be at the helm of the new initiative. The fusion cell will bring together representatives from banks, digital platforms and the telecommunication industry to formulate strategies to disrupt... Read More

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Australia

Launches

Fusion

Cell

Tackle

Investment

Scams

Forex

Posted: Jul 3 2023, 09:03

Author Name: financemagnates

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