Verdict up front: Virex Wealth Management (virexgroup.com) presents “Global Wealth Management for Discerning Clients”, EST. 1999, with $2.4B+ under management. ASIC warned about it on 20 July 2026. The domain was registered on 25 January 2026 — about eight months ago.
| Website | virexgroup.com |
|---|---|
| Claims | Est. 1999; $2.4B+ AUM; 7 offices; 98% retention |
| Badges | “AFSL Licensed”, “ASIC Regulated” — no AFSL number |
| Calculator | 5.5% / 8.2% / 11% a year |
| Warning | ASIC (Australia), 20 July 2026 |
| Domain registered | 25 January 2026 — about 8 months old |
ASIC regulated, says the site; ASIC disagrees
The badges read “AFSL Licensed” and “ASIC Regulated”, but no licence number appears. Every Australian Financial Services Licence has a number on ASIC’s public register. ASIC’s only public statement on Virex is a warning.
Got an offer from Virex Wealth Management?
✎ FILE A COMPLAINT ABOUT VIREX WEALTH MANAGEMENT
Send the Virex Wealth Management web address, your payment dates and any chat screenshots. Never share logins or wallet phrases.
Twenty-five years, eight months
“EST. 1999” and “25+ years experience” on a domain created in January 2026. The counters briefly read 3+ years, 1 office, $0.4B and 14% before animating up to the advertised figures.
A calculator that sells
The growth calculator turns $250,000 plus $2,000 a month into $936,047 in ten years at the “Growth” rate of 11% a year. Projections without risk warnings are how wealth-management scams set expectations before asking for a large transfer.
Offices on six flags
AU, CH, UK, US, SG and UAE flags suggest a global firm. No address in any of them is given.
⚠ Verified evidence
- ASIC warning, 20 July 2026.
- “ASIC Regulated” badge with no AFSL number.
- Claims EST. 1999; domain from January 2026.
- Projects $936,047 in a sales calculator.
What to do after paying Virex Wealth Management
- A withdrawal “fee” from Virex Wealth Management is the next stage of the scam, not a step towards your money.
- Do not reply to new messages from Virex Wealth Management staff; block the numbers.
- Tell family members who may also have been approached about Virex Wealth Management.
- Card payment? Request a chargeback for “services not provided” as soon as possible.
How to verify Virex Wealth Management in two minutes
The quickest test is ASIC’s Professional Register on Moneysmart, which lists AFS licence holders: search “Virex Wealth Management” and, separately, virexgroup.com. Then compare the domain date (25 January 2026) with the history the site claims. An Australian licence has a six-digit AFSL number you can search in seconds. IOSCO’s I-SCAN gathers warnings from many regulators in a single search box.
The verdict: Virex Wealth Management claims a history and a licence it cannot show. ASIC has warned about it. Do not transfer money.
Report your Virex Wealth Management experience
✎ FILE A COMPLAINT ABOUT VIREX WEALTH MANAGEMENT
A short note is enough: when you paid Virex Wealth Management, how, and how much. No passwords, ever.
Sources, checked 2 October 2026: ASIC (Australia) warning via IOSCO I-SCAN (20 July 2026) · RDAP registration record for virexgroup.com · the live page at virexgroup.com, read in full. Warnings come from regulators, not courts. General information, not investment advice.
