We are aware of a number of attempted frauds through emails and cold calling of individuals claiming to be a representative of BNP Paribas Asset Management Australia Limited or the BNP Paribas Group (‘BNP Paribas’) and offering an investment opportunity.
If you are contacted by anyone purporting to be a BNP Paribas employee and endeavoring to sell you:
- The Santa Rally Fund
- Clean Energy Bonds, or
Please be advised this individual is not an employee of BNP Paribas, this communication did not originate from us and we do not distribute this product.
If you have concerns about an approach, please contact us immediately:
Telephone: 1800 267 726 (Australia) or +61 2 9619 6041. Ask to speak to the Compliance Officer.
The fraudulent emails may try to offer you products such as a Government/Corporate Bond or an Investment Fund with generous rewards or financial returns. The products may use fake BNP Paribas branding in an attempt to pass off as authentic. Please note – these are attempts at fraud.
When potential investors are called or emailed and pressure is put on them to buy a product, invest their money, or share their personal details, this is often known as a boiler room scam. The approach may be gentle, the caller may be very friendly and reassuring, or they may take a more urgent tone, encouraging you to buy in quickly or else you could lose money.
If you do receive a call from someone purporting to be a BNP Paribas representative and you have concerns as to their identity, then please end the call immediately and contact us.
Please also note, there are only two genuine BNP Paribas domains: “@bnpparibas.com” and “@bnpparibas-am.com/en-au”.
Here are some useful resource links if you wish to report a fraud that occurred against you:
Your local state or territory police on 131 444 or by their website:
- New South Wales Police
- Northern Territory Police
- Queensland Police
- South Australia Police
- Victoria Police
- Western Australia Police
- Tasmania Police
– The entity involved
– Scamwatch if related to an email, online or telephone scam including scams from interstate or overseas.
– Australian Securities and Investments Commission if related to a financial/investment scam or fraud.
ASIC also released new alert list highlighting suspicious investment opportunities that could be could be fraudulent, a scam or unlicensed investor alert list.
– Crime Stoppers if you require to anonymously make the report.
Additional information can be found at the Commonwealth Fraud Prevention Centre https://www.counterfraud.gov.au/find-where-report-fraud
My money? My info? I don’t think so: A helpful anti-fraud checklist
– Also view ASIC’s Top-10 ways to spot a crypto scam here.
- A genuine bank or financial institution will never contact you out of the blue to ask for your PIN, full password or to move money to another account.
- Only consider providing your personal or financial details to use a service that you have given your consent to, that you trust, and that you are expecting to be contacted by.
- Don’t be tricked into giving a fraudster access to your personal or financial details. Never automatically click on a web link in an unexpected email or text.
- Always question uninvited approaches in case it’s a scam. Instead, contact the company directly using a known email or phone number.