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…Romance baiting scams on the rise … and romance scams. Total losses are expected to be much higher and scammers are now using dating apps to lure victims into investment scams. 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 … In 2020, there were 7,314 reports of investment scams with losses over $66 million.…
…Scammers capitalise on pandemic as Australians lose record $851 million to scams … News Australians lost over $851 million to scams in 2020, a record amount, as scammers took advantage of the pandemic to con unsuspecting people, according to the ACCC’s latest Targeting Scams report released today. Australians lost over $851 million to scams in 2020, a record amount, as scammers took … The 2020 Targeting Scams report includes data from Scamwatch, ReportCyber, other government agencies, and 10 banks and financial intermediaries. Highest scam losses reported to banks and government…
…Culturally and linguistically diverse community lose $22 million to scams in 2020, reports from Indigenous Australians up by 25 per cent … Targeting Scams report released earlier this week shows losses to the CALD community represented a 60 per … to scams affecting culturally and linguistically diverse communities,” ACCC Deputy Chair Delia Rickard said…
…News Investment scams reported to Scamwatch have cost Australians over $70 million in the first … losses are set to reach $140 million by the end of the year. Investment scams reported to Scamwatch have … from Scamwatch shows a 53.4 per cent increase in reports about investment scams received so far, up…