Australians reported a record-breaking $37 million lost to Scamwatch last year for dating and romance scams. Total losses are expected to be much higher and scammers are now using dating apps to lure victims into investment scams.
Scamwatch has received over 5170 scam reports mentioning the coronavirus with over $6 280 000 in reported losses since the outbreak of COVID-19 (coronavirus).
Losses to online shopping scams have increased 42 per cent this year, and Scamwatch is warning Australians to be careful when buying gifts this holiday season.
