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…

…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…

…Scam alert: Fake celebrity online investment scams … News Scammers are creating lifelike impersonations (or 'deepfakes') of celebrities and public figures, who appear to be promoting 'quantum' or 'AI' online trading platforms. The people involved have not created these ads, the trading platforms are scams and you lose any money you 'invest'. … platform called 'Immediate Edge' and encourages others to do the same. The article is a scam article. Scammers create ads and fake news articles to get you to believe the celebrities actually use these scam…

…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…

…Scam alert: Scammers impersonating banks in text messages, phone calls and emails … How to spot the scam … How the scam works…

…National Anti-Scam Centre … News In May 2023, the government funded the ACCC to set up a new National Anti-Scam Centre. The centre will bring together experts from government and the private sector to tackle harmful scams. In May 2023, the government funded the ACCC to set up a new National Anti-Scam Centre over 3 years. Its…

…Business opportunity scams … , find out how to protect yourself from all sorts of scams on SCAMwatch. … If you have received information about a business opportunity that sounds like these scams, or you have responded to an offer and you now suspect it is a scam, you can report a scam  through SCAMwatch. You should also spread the word to your friends, family and colleagues to protect them.…

…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…