GIM Trading faces accusations of defrauding Australian investors with fake bonds

abc.net.au

GIM Trading is accused of defrauding millions from Australian investors with allegedly fake low-risk bonds. The National Anti-Scam Centre has received reports of nearly $8 million in losses. A former director admitted he suspected the company acted fraudulently and didn't know if bonds were purchased. Investors are unable to contact GIM Trading and fear their money is lost. The company's website is no longer online, and major financial institutions deny any relationship with GIM.


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GIM Trading faces accusations of defrauding Australian investors with fake bonds | News Minimalist