ASIC warning: Pump and dump scammers intensify use of fake celebrity endorsements
Investment
Website
Reported
Verified
Australia
pump and dump scam
investment scam
stock manipulation
market manipulation
WhatsApp scam
Telegram scam
social media scam
celebrity impersonation
fake endorsements
financial institution impersonation
investment fraud
share market scam
phishing
AI deepfake scam
retirement scam
stock tips scam
ASIC
Scamwatch
⚠️ This entry reflects publicly reported information. preSCAM does not determine guilt.
Description
ASIC is warning Australians to be extremely cautious of investment tips received through social media and messaging apps, amid a spike in reports of pump and dump scams using fake celebrity endorsements and impersonations of financial institutions.
ASIC has observed scammers using the identities ...
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Media
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Location
Australia, Australia
Details
- Investment type
- Website platform
- Open source
- Reported status
- 0 comments
- 19 views
- July 19, 2026 created
- Australia country
- pump and dump scam investment scam stock manipulation market manipulation WhatsApp scam Telegram scam social media scam celebrity impersonation fake endorsements financial institution impersonation investment fraud share market scam phishing AI deepfake scam retirement scam stock tips scam ASIC Scamwatch
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