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Legitimate bond investments involve lending money to a company or government in exchange for regular interest payments
Bad actors use fake investment bond scams to steal personal details, which they then use for further scams, in addition to stealing money, according to Scamwatch.
How to spot an investment scam
The advice from Scamwatch is not to trust any surprise offers to invest, and not to take investment advice from people you have met through social media.
Bunnings’ scam warning
“Bunnings is in no way associated with any of the above activities and does not use email or social media for any promotions offering free gift cards,” it says on its website. “Bunnings will also never ask for personal information, or banking details in unsolicited communications.”

Scams are offering fake deals and prizes at Bunnings. Source: Supplied / Bunnings

A scam website falsely claiming to offer investment bonds backed by Bunnings. Source: Supplied