ASIC has issued a warning about a suspicious investment opportunity by an entity named ‘Validus’ via the following websites:
- Validus does not hold an Australian financial
services (AFS) licence and is not licensed to provide financial services of
this manner in Australia.
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.