TL;DR: the short answer
ASIC's alert tells consumers not to deal with www.cambridgeassetmanagement.com, allegedly run by a Hong Kong entity, and says Australians have reported being unable to withdraw invested money.
Scambaba rates www.cambridgeassetmanagement.com critical risk with a risk score of 9.5/10, last verified 2026-10-24.
Key facts
| Risk score | 9.5 / 10 (Critical Risk) |
|---|---|
| Status | ASIC suspicious website alert (do not deal with) |
| Category | Investment Scam |
| Primary scam vector | Unlicensed overseas website offering leveraged products and super investment |
| Reported domains |
|
| First listed | 2026-10-24 |
| Last verified | 2026-10-24 |
Red flags reported for www.cambridgeassetmanagement.com
- Operators hold no Australian financial services licence
- Leveraged products and encouragement to invest superannuation
- Payment requested in cryptocurrency
- False claim of association with ASIC
- Claim that ASIC requires a tax payment before funds can be released
Detailed threat analysis
What the regulator says
ASIC published an alert titled 'Suspicious website - Do not deal with www.cambridgeassetmanagement.com' (the page shows no date). ASIC says the site promotes suspicious investment opportunities and is allegedly run by Cambridge Asset Management, a Hong Kong entity. It says the operators hold no Australian financial services licence, promote leveraged financial products, encourage people to invest their superannuation, and often ask for payment in cryptocurrency. ASIC says the operators falsely claim an association with ASIC and wrongly claim ASIC requires tax payments before funds can be released, and that it has received reports of Australians unable to withdraw their money. ASIC advises stopping further payments, reporting to your financial institution, being wary of fee-charging recovery services, and contacting IDCARE.
How this type of scam usually works
Impersonating a regulator, or claiming a regulator requires a payment to release funds, is a recurring tactic. Fake investment websites typically show rising balances to encourage larger deposits, accept cryptocurrency because it is hard to trace, and then block withdrawals or demand fees or 'tax' payments. Recovery is rarely possible once funds have moved.
How to check a firm yourself
Search the firm on ASIC's Professional Registers for an Australian financial services (AFS) licence, and check the Moneysmart Investor Alert List. Use contact details you find independently rather than those given to you, and be cautious about any unsolicited investment offer or promised returns that look too good to be true.
What to do if you dealt with www.cambridgeassetmanagement.com
- 01Stop sending money and do not pay any further fees or 'tax' to release funds.
- 02Contact your bank or financial institution immediately to ask about tracing or recalling payments.
- 03Report the scam to Scamwatch (scamwatch.gov.au) and, if you are in Australia, to ReportCyber (cyber.gov.au).
- 04Check the ASIC Moneysmart Investor Alert List and consider reporting misconduct to ASIC.
- 05Contact IDCARE (idcare.org) for support if you shared personal details or ID.
Frequently asked questions
Is cambridgeassetmanagement.com legit?
ASIC warns Australians not to deal with www.cambridgeassetmanagement.com, saying the operators hold no Australian financial services licence and Australians have reported being unable to withdraw.
Does ASIC require a tax payment to release funds?
ASIC says the operators wrongly claim this. Any request for a payment supposedly demanded by a regulator should be treated as a red flag.
Sources
- Alert: Suspicious website - Do not deal with www.cambridgeassetmanagement.com, Australian Securities and Investments Commission
This report reflects publicly available information and reported patterns as of 2026-10-24. It is an opinion, not a legal determination. Spot an error or represent this entity? See our editorial and corrections policy.