ASIC hangs up on scam as websites blocked
The Australian Securities and Investments Commission (ASIC) has again warned consumers about cold-calling investment scams and permanently banned a Sydney insurance broker. Using the name “Global Capital Wealth”, the scammers offer consumers opportunities to invest in a managed share-trading fund via websites at www.globalcapitalwealth.com and www.globalcapitalaustralia.com. The regulator has blocked access to these websites. Of


Regulation