The return being offered was 200% a year or your money back. Surely no-one would actually fall for such scams…
I knew it was a scam and I should be outraged but when I heard about it I burst out laughing.
Watch out if you’re buying tickets for a concert or sporting event because you could be ripped off if you deal with a reseller.
At 6am on a Sunday morning the phone rings. I was half asleep, which is of course part of the scam, but the conversation went something like this.
The West Australian government, on its ScamNet website, names Pacific Tycoon as “one example of an alleged sea container leasing Ponzi scheme”.
Getting conned by a financial predator could cost you thousands. Here’s how to tell if the person on the other end of the phone is a scammer.
Not only do ‘instant tax refunds’ take a chunk of your return, you could end up owing the ATO money.
Don’t fall victim to scammers this tax time. Learn to recognise a scam and don’t hand over your personal details or hard-earned cash, advises the ATO.