Redmond Sterling Scam Warning: Press-Release Forex Brand

Redmond Sterling presents itself as a Sydney-based "multi-asset financial services provider" offering forex, CFD and digital asset trading at redmondsterling.net. The platform was announced through paid press releases in October 2026 and soon appeared in an Australian ASIC-sourced warning record.

🚩 Building Credibility Through Press Releases

In September and October 2026, Redmond Sterling announced products such as a "digital asset framework" and a "quantitative signal package" through paid releases distributed to news sites. When the name is searched online, these releases look like news and give investors a sense of trust. Accounts are offered in tiers running from Bronze to Diamond; the entry amount starts at tens of thousands of dollars, and leverage rises in the higher tiers. In schemes of this kind the account manager asks for further investment for a higher tier, while withdrawals are tied to a chain of fees.

🔍 What Has Been Found About Redmond Sterling

• Domain: redmondsterling.net, registered in July 2026.
• Claimed address: Level 1, 44 Martin Place, Sydney. The releases give no AFSL/ACN number and do not name a regulator or a trading platform. The release history points to Canberra while the address is in Sydney, which is inconsistent.
• Official record: The source record lists it as an ASIC warning on the IOSCO warning network (November 2026).

There is no connection between this scheme and the Sterling Income Trust case in Australia.

🔗 Other Platforms Using the Same Method

We have previously covered schemes that work with tiered account packages and Australian addresses.

🧭 The Legal Process for Victims

Under SPK Decision No. 8/297, unauthorised leveraged trading intermediation for persons in Türkiye is unlawful; authorisation is verified on the SPK list of authorised institutions. For overseas schemes, the arbitration clause and the routes for recovering money are assessed together.

For detailed information and legal support, you can contact Savun Law & Consultancy.

❓ Frequently Asked Questions