About Newcrest
International Scams
As an internationally recognised company, Newcrest can be the target of unscrupulous individuals and/or groups.
This typically takes the form of online fraud where organisations or individuals falsely claim to be representing Newcrest in relation to employment and/or external advertising or business opportunities.
This type of fraud may include emails, text messages, social media posts, facsimile transmissions or letters that result in identity theft, hacking, phishing or even financial extortion and theft.
We encourage all individuals interested in careers with or involved in business with Newcrest to be aware of good online practices to avoid fraudulent activity.
To learn more about personal online security, please refer to your relevant national Cybersecurity Authority.
Heavy Industries Magazine Scam
Newcrest has previously been a target of the Heavy Industries Magazine scam, where Newcrest has been fraudulently represented in relation to advertising opportunities in the Heavy Industry Magazine.
If you receive any unexpected communication or email from Newcrest regarding advertising opportunities with Heavy Industries Magazine, this is a fraudulent scam.
Bitcoin investment scams
The Newcrest company name and logo have been fraudulently used in social media posts and on websites advertising services in connection with Bitcoin investment.
Newcrest has no association with these websites or providers of Bitcoin investment services.
Newcrest Mining South Africa
The Newcrest company name and contact details have been fraudulently used on correspondence issued by a group (using the names Newcrest Mining Pty Ltd and Newcrest Mining South Africa) and claiming to be a subsidiary of Newcrest and/or to be acting in partnership with Newcrest and proposing takeover bids for operations located in South Africa. Newcrest has no association or affiliation with this group.
Newcrest strongly urges all prospective employment candidates, or anyone engaged in business with Newcrest, to check carefully before clicking on or replying to any communications that may look suspicious.
If you receive communication that you believe is fraudulent or have suffered a personal loss from a scam, please contact your local cyber-security agency or relevant authority.
FRAUD INCIDENTS THAT INVOLVE FRAUDSTERS MASQUERADING AS CAPTIVE INSURERS
The Monetary Authority of Singapore (“MAS”) has observed an increase in the number of fraud incidents involving fraudsters masquerading as captive insurers to deceive victims into making payments for bogus insurance policies.
As part of their latest modus operandi, these fraudsters create a website with a captive insurer’s details, such as its name, unique entity number and office address, with the intention to make its purported product offerings appear legitimate. Hence, to safeguard the Newcrest Insurance Pte Ltd’s brand from being abused for deceitful purposes and to manage its reputational risks, we make the following declaration:
Newcrest’s captive insurer, Newcrest Insurance Pte Ltd
Newcrest Insurance Pte. Ltd. (the “Company”) is incorporated and domiciled in Singapore. The address of its registered office is 8 Marina View #09-05 Asia Square Tower 1 Singapore 018960.
The principal activities of the Company are those of a captive insurer licensed under the Insurance Act 1966. The Company may underwrite risks of its parent and related companies as defined under Sections 5 and 6 of the Companies Act 1967 and such other risks as the Monetary Authority of Singapore may allow.
The Company is wholly owned by Newcrest Mining Ltd, a company incorporated in Australia, which is also the ultimate holding company.
As the Company has engaged Marsh Management Services Singapore Pte Ltd as its captive manager, no personnel are employed by the Company.
