Following a series of raids targeting a cryptocurrency investment scam ring in Eastern Europe, investigators revealed that Australians were among the most sought-after victims by the scammers.
Scammers from these call centers allegedly used advertisements on social media to lure in victims and offer promising investment opportunities with lucrative returns, according to the report.
“Australia’s wealth combined with a long history of state and federal authorities being unwilling or unable to investigate online investment fraud has made the country a sitting duck for the international crime syndicates behind the scams.” “Australia and Canada vie for the top spot. They are rich countries with a low likelihood of a disciplined investigation or detection."
“There are Israelis getting very, very rich by ripping off Australians and sucking superannuation and retirement savings out of the Australian economy.”
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