News and alerts

…Scam alert: Investment bonds scam … investment bonds. They will also use your personal details to commit other scams. The National Anti-Scam Centre works with the Australian Securities and Investment Commission (ASIC) to remove investment scam … How to spot the scam…

…Gen Z the fastest growing victims of scams … News Australians under 25 lost over $5 million to scams in 2019 and reports made from this age group are increasing faster than older generations. Australians under 25 lost over $5 million to scams … scams reported by this age group is concerning,” ACCC Deputy Chair Delia Rickard said. “Young people may…

…'Tis the season for online shopping scams … News Scamwatch is warning people to be cautious of online shopping scams in the lead up to the holiday season. Australians have already lost more money to online shopping scams in 2019 than in the entire previous year, and Scamwatch is warning people to be cautious of online shopping scams in the lead…

…Scam alert: Online shopping scams … . The National Anti-Scam Centre has removed or limited access to thousands of investment, phishing, and online shopping scam websites this year. About 50 per cent of fake or malicious websites taken down in the last 3 months have been running online shopping scams. … How to spot the scam…

…Watch out for holiday season scams … News Scamwatch is warning people to be careful about being caught out by holiday season scams. Scamwatch is warning people to be careful about being caught out by holiday season scams. “Scammers will … personal information,” ACCC Deputy Chair Delia Rickard said. Here are three common holiday season scams…

…Consumers urged to be wary of celebrity endorsement scams … News People are increasingly being caught out by celebrity endorsement scams, with reports to … are increasingly being caught out by celebrity endorsement scams, with reports to Scamwatch increasing 400 per cent and losses increasing a staggering 3,800 per cent so far in 2018. These scams often…

…Business losses to scams up 23 per cent … ACCC’s latest Targeting scams report – a 23 per cent increase compared to 2016. Scammers swindled nearly $4.7 million from Australian businesses in 2017 according to the ACCC’s latest Targeting scams report … businesses about scams in 2017. Businesses that fell victim to scammers lost an average of nearly $11,000…

…Beware high risk, no reward investment scams … to investment scams to the ACCC’s Scamwatch website, making it the most profitable of all the current scams. It is likely that losses are much higher as many victims do not report scams or contact other … investment scams and lose significantly more money than women. People aged 45 to 64 most commonly fall victim…

…Don't be lured into binary options scams … News Scamwatch is warning investors to beware of binary trading scams that lure you in with the opportunity to make money through asset price movement. Scamwatch is warning investors to beware of binary trading scams that lure you in with the opportunity to make money through asset price movement. So far … How these scams work…

…Indigenous consumers, watch out for scams – the top scams reported … money. The top three scams that Indigenous consumers have reported to SCAMwatch this year are: … Government or business affiliation scams –…