11 December 2025 – Fake investment offer scam
Scammers are known to be promoting fake Great Southern Bank term deposits and investment bonds via fake websites, social media ads, and cold calls.
These fraudulent offers typically promise unusually high returns of 6-8% or more and often feature professional-looking branding and language designed to mimic genuine Great Southern Bank communications.
What to look out for
- ‘Exclusive investment opportunities’ from Great Southern Bank received via unsolicited emails, messages or calls. Any offer of this kind is a scam.
- Communications featuring images of or quotes from senior Great Southern Bank executives. These are fraudulent.
- Fake login pages that imitate Great Southern Bank’s online banking and display fabricated account or balance information. To ensure you’re not using a fake login page, please only access online banking via the Great Southern Bank website. For mobile banking, download the official app from the Apple or Google app stores.
- Falsified documents, including term deposit Product Disclosure Statements (PDS) or agreements, featuring Great Southern Bank branding (see example image).
- Follow-up emails or calls asking for personal information to ‘verify’ your identity.
How to protect yourself
- Be wary of unsolicited ‘investment opportunities’, particularly those offering unusually high returns. Great Southern Bank will never contact you with investment offers of this kind.
- Do not engage with unfamiliar callers claiming to be from Great Southern Bank.
- If in doubt, independently verify any offers or communications from Great Southern Bank by visiting our official channels or calling 133 282.
If you think you’ve been scammed
Mon - Fri: 8:00am - 7:00pm (AEST)
Sat: 8:00am - 4:00pm (AEST)
Out of hours? Call 1800 648 027
Contact us via email at banking.integrity@gsb.com.au
Lodge a report with Scamwatch or ReportCyber