ASIC offers free feed

THE Australian Securities and Invest-ments Commission is offering a reward to whoever picks up its April Fool’s Day scam.

Last year the ASIC ‘raised’ $4.2 million with its Millennium Bug Insurance scam.

This was a fake Internet investment site telling people it was a sure thing they would triple their money if they invested in the company Millennium Bug Insurance.

The organisation is so confident, ASIC staff will “do a quick whip round and raise enough money to buy you a dinner for two at a restaurant of your choice in your State or Territory”.

To enter phone 1300 780 885 or email by the close of business on 14 April.

All supporting material should be sent to Irene O’Brien, ASIC, GPO Box 4866, Sydney NSW 1042.

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