Business
Colleen lost $175,000 to an investment scam. Here’s how she was tricked – Sydney Morning Herald
The consumer watchdog says Australians lost a record $851 million due to scams last year, up 34 per cent on 2019. They fear the…
Colleen paid an initial $250 to set up an account with Stocks CM which then directed her to open an account with CoinSpot, a cryptocurrency trading platform.
Next she transferred $1500 before increasing the amounts as the weeks went by.
“I put through $175,000…
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