Suspicious Investment Opportunity Alert

ASIC is warning of a suspicious investment opportunity.

ASIC has issued a warning about a suspicious investment opportunity by an entity named ‘Validus’ via the following websites: ; and 

These websites and a Facebook Group named “Validus Australia”, are promoting investments that promise a 300% return, made possible by professional traders.

However, ASIC warns that the exorbitant rates of return are unrealistic and should be treated with extreme caution. ASIC’s is also concerned that:

  • Validus does not hold an Australian financial services (AFS) licence and is not licensed to provide financial services of this manner in Australia.

  • Customers who have invested in Validus’ financial services will not be protected if they are engaging in scam activities, especially if paying via crypto-assets as they don’t have the same protections as payments made by other means such as transferring funds to an Australian bank account.
  • -          Validus is encouraging investors to recruit new investors into the scheme, which is a classic sign of a pyramid scheme, and a sign they may be engaging in a scam.

Where to find more information
More information on the alert and what you should do if you have invested through Validus can be found here> 

Community First Credit Union LimitedABN 80 087 649 938 | Operating as Community First Bank | AFSL and Australian credit licence 231204| BSB 512-170