ASIC warns of renewal scam

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Scammers pretending to be from the Australian Securities and Investments Commission (ASIC) have been contacting its registry customers asking them to pay fees and give personal information to renew their business or company name.

These emails often have a link that provides an invoice with fake payment details or could infect your computer with malware if you click the link.

The corporate watchdog says an email is probably a scam and is not from ASIC if it asks you to make a payment over the phone, to make a payment to receive a refund or for your credit card or bank details directly by email or phone.

Just delete the email from your inbox if you believe the email is a scam.

If you are unsure whether an email is a scam, ASIC advises that you check your registration renewal date on its register. It says it will only issue a renewal notice 30 days before your renewal date. So, if the renewal notice is outside the usual timeframe, it might be a scam.

To renew your business name on the spot using your credit card, ASIC recommends using its 'Pay now' service. If you also need to review and update your business name details, you can sign up or log into your ASIC Connect account to renew and make changes.

Other ways to help protect yourself from email scams include:

  • keeping your anti-virus software up to date
  • being wary of emails that don't address you by name or misspell your details and have unknown attachments
  • not clicking on any links on suspicious looking emails.

If you would like to notify ASIC of a potential scam email, you can forward the entire email to ReportASICEmailFraud@asic.gov.au

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