ATO issues alert on rising investment schemes targeting super
The ATO is seeing an increase in the number of Australians being targeted by super schemes and falling victim to identity theft leading to stolen superannuation.
In a recent update, the ATO said it has been seeing an increase in the number of Australians being targeted by investment schemes. Sometimes people will pose as financial advisers or superannuation experts promising to deliver higher returns and encouraging people to invest in fake schemes, risking their retirement savings.
Read more at SMSF Adviser.
