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…Australians are losing more money to investment scams … News Australians lost over $205 million to scams between 1 January and 1 May, a 166 per cent … $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. The true losses to scams are likely to be much higher…

…News 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. Losses to imposter bond investment scams … to these sophisticated scams. Imposter bond scams usually impersonate real financial companies or banks and claim … The ACCC shares investment scam reports with ASIC. The ACCC also shares scam reports…