Impersonation of Algo Pty Limited algoyatirim.com

What Is This Scam?

The impersonation of Algo Pty Limited represents a sophisticated investment fraud targeting Australian consumers seeking legitimate financial services. Scammers operating the website algoyatirim.com are creating a fraudulent replica of the legitimate Algo Pty Limited company in an attempt to deceive investors and capture their personal and financial information. This type of scam typically involves contacting prospective victims through email or online channels, presenting fake investment opportunities, and convincing them to transfer funds to fraudulent accounts. The perpetrators exploit the trusted reputation of the legitimate company to establish credibility and overcome the natural skepticism of potential victims.

Who Are They Impersonating?

The legitimate company being impersonated is ALGO PTY. LIMITED, a registered Australian business. The genuine company can be verified through its official website at algo.com.au. According to regulatory records, ALGO PTY. LIMITED holds the following details:

• ACN (Australian Company Number): 065093129
• Regulatory Authority: Australian Securities and Investments Commission (ASIC), monitored via moneysmart.gov.au

Consumers should always verify any company claiming to be ALGO PTY. LIMITED by checking these official registration details through legitimate channels and contacting the company directly using contact information found on their official website.

Evidence & Regulatory Action

The scam has been formally documented and warned against by Australian regulatory authorities. ASIC's MoneySmart investor alert list specifically warns that the website algoyatirim.com may be impersonating an existing legitimate company and business. The alert was issued on 24 November 2025.

Additional confirmation of this scam appears on the Cloned Firm Registry, which tracks fraudulent websites designed to mimic legitimate financial companies. The fraudulent entity has been classified as an "Imposter" operation with no verifiable address, telephone number, or legitimate email contact details available.

Red Flags

• Website URL is algoyatirim.com rather than the legitimate algo.com.au domain
• No verifiable physical address, telephone number, or contact email associated with the fraudulent operation
• Unsolicited contact via email offering investment opportunities
• Pressure to make quick decisions or transfer funds immediately
• Promises of guaranteed or unusually high investment returns
• Requests for personal identification documents or banking information
• Website design or branding closely mimicking the legitimate Algo Pty Limited

What To Do If You Have Been Contacted

If you have received communication claiming to be from Algo Pty Limited or algoyatirim.com, take the following steps:

• Do not provide any personal, financial, or identification information
• Do not click links or download attachments from suspicious emails
• Verify the legitimacy of any company by contacting them directly using contact details from their official website (algo.com.au for the genuine company)
• Report the scam to MoneySmart's investor alert system
• Report fraudulent emails to your email provider and mark them as spam or phishing attempts
• Consider reporting the scam to the ACCC (Australian Competition and Consumer Commission) if you have lost money or provided sensitive information