Even though he probably shouldn't have accepted antmy offer from a phone call, I think there is a really important story in there about the lax security of his super fund, not checking documents properly or requiring a second factor of authentication. To think a piece of paper can securely cause the transfer of 180k in the 21st Century is ludicrous
this post was submitted on 27 Jun 2024
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Remember, if someone contacts you with a deal of any kind, it's a scam. Doesn't matter how well known the company is or how good the deal seems.
Hostplus, the fund who took over the affected super fund (and therefore their obligations) has over 100 billion dollars under management.
You’d think they could make this right.