Company Information

Get to know WACAR - West Australian Corporate Acqusition Register

The "West Australian Corporate Acquisition Register" (WACAR) is not a genuine company or government body. It is a well-documented scam operation identified by Australian consumer protection and government agencies, including the ACCC's Scamwatch and the Western Australian government's WA ScamNet. The operation's method involves sending unsolicited invoices or "renewal notices" to businesses, demanding payment for a listing on a fabricated "corporate acquisition register." These documents are designed to look official to deceive recipients into paying for a service that is never rendered and has no value.

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WACAR - West Australian Corporate Acqusition Register

Name: WACAR - West Australian Corporate Acqusition Register
Address: AU

Australia

Founded in

2010 (16 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

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2017

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Security Information

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This company is currently Unproved.

Please be cautious of the potential risks!

License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.