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The National Anti-Scam Centre’s latest Targeting Scams Report found scam losses reported to key organisations fell by 25.9 per cent to $2 billion in 2024, showing the efforts by government, industry, law enforcement and community organisations are reducing the financial impact of scams on Australians.
Criminals are impersonating real businesses and offering fake sustainability investment bonds. They claim these bonds offer high returns and are protected by the government.
Criminals are calling people and pretending to be from a trusted organisation like a bank, IT company or phone company.
People looking for work are being warned to watch out for scam job or 'side hustle' ads on social media.
People looking for work are losing money to scammers who pretend to be real organisations or recruiters offering work.
Losses to imposter bond investment scams have nearly tripled in the first half of this year with consumers losing over $20 million to these sophisticated scams.
Australians lost over $205 million to scams between 1 January and 1 May, a 166 per cent increase compared to the same period last year, according to new data from Scamwatch.
Scams Awareness Week 2021 takes place 8-12 November. This Scams Awareness Week we’re encouraging everyone to start a conversation about scams.
Since August 2021, many Australians have been getting scam text messages about tracking a delivery, missed calls or voicemails, along with a link to download some software. If you receive one of these messages, do not click or tap on the link.
Investment scams reported to Scamwatch have cost Australians over $70 million in the first half of this year, more than the total losses reported to Scamwatch for all of 2020, and projected losses are set to reach $140 million by the end of the year.