It seems that a new scam is reported every other day and, not surprisingly, both the government and private organisations are becoming more careful when it comes to knowing exactly who they are talking to.

A few years ago, directors of all companies (including SMSF trustee companies) were required to get a director ID. This is a unique number issued to each person that is a little like a tax file number, except that it is only required by people who are directors of companies.