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If you've invested money in a scheme you now suspect is fraudulent, contact your bank and report to Scamwatch immediately.

Cryptocurrency & Investment Scams

Someone manipulates you into investing money in fake cryptocurrency schemes, fraudulent investments, or scam platforms — often through a romantic relationship or trusted connection.

What You Might Notice

  • Investment 'returns' exist only on screen, not as withdrawable money

    You can see profits on a platform but can't actually withdraw them.

  • Pressure to invest more, especially after initial 'gains'

    The scheme requires increasing investment.

  • The other person is unusually knowledgeable about your investment decisions

    They guide you to specific platforms or trades.

What You Can Do

  • Stop investing immediately if you suspect fraud

    Don't send more money to recover losses.

  • Report to Scamwatch at scamwatch.gov.au

    Report the scheme to help protect others.

  • Contact your bank about recovering funds

    Quick action may help recover some money.

Important: This resource provides general information, not personal advice. Every situation is different. The actions suggested here may not be safe in your specific circumstances — particularly if the person causing harm could notice changes to your devices or accounts. Always consider your physical safety first.

If you need personalised support, contact 1800RESPECT (1800 737 732) or your local specialist domestic violence service. If you are in immediate danger, call 000.

This framework is under active development. View full limitations & methodology.