Consumer agencies are warning investors about fraudulent term deposit offers presented through seemingly legitimate comparison websites. These scams lure savers with unusually high interest rates, ultimately resulting in the loss of their savings. The deceptive portals mimic genuine financial comparison sites, making it difficult for consumers to identify the fraud. Experts advise caution and thorough verification before investing in any term deposit product. Key red flags include unrealistically high returns and pressure to invest quickly. Consumers are urged to independently confirm the legitimacy of the financial institution offering the deposit. The Consumer Advice Centre provides resources to help individuals recognize and avoid these scams, emphasizing due diligence as the best defense.