Beware: Scammers Posing as ASIC to Extract Payments

Protecting Yourself Against Fraudulent Schemes Targeting Australians

The information on this website is general in nature and does not take into account your objectives, financial situation, or needs. Consider seeking personal advice from a licensed adviser before acting on any information.

The Australian Securities and Investments Commission (ASIC) has issued a warning to the public regarding a surge in scams where fraudsters impersonate the commission.

These scammers are contacting individuals via emails and text messages, falsely claiming that a payment is required to release funds or assets.

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ASIC emphasises that it does not request payments via email or text messages for the release of funds. Australians are advised to exercise caution and verify the authenticity of any communication claiming to be from ASIC. If in doubt, individuals should contact ASIC directly through official channels to confirm the legitimacy of such requests.

To protect oneself from such scams, it is crucial to remain vigilant and skeptical of unsolicited communications requesting personal or financial information. Always verify the source before making any payments or sharing sensitive information. Reporting suspicious activities to ASIC can also help in preventing others from falling victim to these fraudulent schemes.

Published:Wednesday, 28th Jan 2026
Author: Paige Estritori

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