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Towemer Wealth – Clone Scam Copying Towemer Pty Ltd

Savun Law & Consultancy · Updated 12 November 2026

Towemer Wealth – Clone Scam Copying Towemer Pty Ltd

Towemer.com, used under the name Towemer Wealth, has been flagged in the warning entry of the Australian regulator ASIC as a clone site imitating the name of Towemer Pty Ltd in Australia. The domain was registered in August 2026, so the site looks like a newly set-up operation, independent of the company whose name it borrows.

In short: towemer.com is not authorised in Türkiye by the Capital Markets Board (SPK) and is the subject of an ASIC warning. Claiming back money sent to clone sites of this kind, which build trust with the name of a real company and collect investments, is legally possible.

🪞 How Does a Clone Site Work?

In schemes of this kind, the visitor is drawn to the site through advertising, social media or cold calling. The name of a real company and a foreign company registration are put forward as signs of trust; after a small first deposit, profits are shown on the dashboard. When a withdrawal is requested, a tax, commission or account verification fee is demanded.

🔍 The Domain and the ASIC Entry

  • Domain: towemer.com was registered on 24 August 2026.
  • Official record: The ASIC warning appeared in the I-SCAN warning database of IOSCO in November 2026.
  • Imitated name: In the entry, the operation is described as a clone of Towemer Pty Ltd. There is no information suggesting that the real company has any connection with this site; its name is being misused.

🔗 Other Platforms Using the Same Method

Sites that build trust with the identity of a real company or a claimed foreign licence have been added to the archive before:

🧭 The Legal Process for Victims of the Towemer Clone

Collecting money through a fake investment site is treated as qualified fraud committed through computer systems under Article 158/1-f of the Turkish Penal Code. Authorised institutions appear on the SPK list of intermediary institutions; in each case, the legal position of clone institution sites and the question of jurisdiction in disputes with foreign operations are examined together.

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

❓ Frequently Asked Questions

Are Towemer Wealth and Towemer Pty Ltd the same company?

In the ASIC entry, towemer.com is flagged as a clone imitating the name of Towemer Pty Ltd; no connection between the two has been identified.

Since when has towemer.com been active?

The domain was registered on 24 August 2026, which shows that the site is quite new.

Is an Australian company registration enough to offer investments in Türkiye?

No. In Türkiye, investment services can only be offered by institutions authorised by the SPK; a foreign registration does not provide that authorisation.

I deposited money on the Towemer Wealth site. What should I do?

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

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Attorney Veli Savun

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This page is an English adaptation of our Turkish article Towemer Wealth (towemer.com) Towemer Pty Ltd Taklidi Sahte Yatırım Sitesi Dolandırıcılığı.

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