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West Trade/Atlas Lead Generation: ACC & ASIC need your help (1 Viewer)

Dec 21, 2008
Police swoop on Gold Coast call centre

Authorities have shut down a Gold Coast call centre believed to be at the heart of an alleged investment scam.

In a joint operation with the Australian Crime Commission (ACC) and the Australian Securities and Investments Commission (ASIC), police also searched multiple premises on the Gold Coast on Monday.

No charges have been laid but police are urging anyone who has received unsolicited contact from a company known as West Trade or Atlas Lead Generation to contact them.

ASIC Commissioner Peter Kell said investment scams were once typically based offshore but were increasingly operating locally.

"These operate without Australian financial services licences and use false addresses and phone lines often routed to another address," he said in a statement.


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