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ASIC shuts down nearly 3,500 scam websites as Longo pledges to step up work

ASIC-Chair-Joe-Longo
ASIC Chair Joe Longo. Photo: ASIC

Martina Lindberg

1 min read
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Australian regulator says more significant regulatory and surveillance work to come.

Close to 3,500 investment scam websites have been shut down by the Commission in its attempt to “sharpen its efforts to protect Australians from digitally enabled misconduct”.

Its scam website takedown capability was launched as part of the Australian Government’s Fighting Scams initiative in July 2023, and ASIC Chair Joe Longo

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