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When there's smoke, there's also fire.. if lots of videos exist it means it must be profitable. Probably flies under the radar because the people getting scammed are clueless.

Ah!

I recently signed up for US stock trading using my ASX broker, Commonwealth Securities - Commonwealth Bank of Australia's share trading platform.

This explains the sudden increase in robocall scam calls and SMS I've been receiving since then.

Hadn't put that together till now.

The do-not-call register complaints worked magic for me: https://www.donotcall.gov.au/consumers/lodge-a-complaint/

Daily calls stopped a day after reporting them.

I keep forgetting about the DNCR, thank you!

You or I may see them as 'scam' ads, yet what the people are doing isn't technically illegal, just immoral.