Security Alert: Scam Text Messages
We’re aware that some nabtrade clients have received text messages claiming to be from [nabtrade securities], asking them to click a link to remove restrictions on their nabtrade account. Please be aware this is likely a scam. Do not click on any links in these messages. nabtrade will never ask you to click on a link via a text message to verify or unlock your account.
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How to protect yourself from investment scams
Overall losses from investment scams reported to the National Anti-Scam Centre’s Scamwatch, ReportCyber, IDCARE, ASIC and the Australian Financial Crimes Exchange amounted to $945 million in 2024, down from $1.3 billion in 2023. Find out how to protect yourself and how to spot the red flags below.
To find out more about the most common types of investment scams and how to spot the red flags please download the Spot the red flags of investment scams below.