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Scammers are increasingly catching out people by impersonating well-known businesses or the police so they can get access to computers and steal money or banking information.

Scamwatch is warning the Australian community to be wary about investment scams, with statistics revealing Australians are collectively losing $4.3 million a month to these scams.

Scammers swindled nearly $4.7 million from Australian businesses in 2017 according to the ACCC’s latest Targeting scams report – a 23 per cent increase compared to 2016.

Australians lost more money to scammers in 2017 than in any other year since the ACCC began reporting on scam activity.

Punters are being warned to watch out for betting and sports investment scams which falsely promise high odds and big returns on Cup Day.

The ACCC is warning people to be on the lookout for scammers who are trying to con their victims into paying for scams with Apple iTunes gift cards.

The ACCC is warning the community that scammers are pretending to be from NBN to con victims out of their money and personal information.

The ACCC is warning the community to watch out for investment scammers who promise the world but leave their victims with broken dreams and empty bank accounts.

Scamwatch has received a report from the Australian Cybercrime Online Reporting Network (ACORN) that remote access scammers are calling pretending to be the ACORN.

Scamwatch is warning Australian gamblers not to part with money they didn’t plan to during Spring Racing Season, today issuing an alert that confidence tricksters are on the hunt for more victims.