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…

…Australian businesses hit hard by email scams … News Australian businesses reported more than 5800 scams with losses exceeding $7.2 million in 2018, a 53 per cent increase compared to 2017, according to the ACCC’s Targeting scams report. Australian businesses reported more than 5800 scams with losses exceeding $7.2 million in 2018, a 53 per cent increase…

…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…

…Businesses lost an average of $10,000 to scams in 2016 … News Nearly 6000 businesses reported being targeted by scams in 2016 according to the Australian Competition and Consumer Commission’s Targeting Scams report, with losses totalling around $3.8 million, an increase of almost 31 per cent. Nearly 6000 businesses reported being targeted by scams in 2016 according … – these scams trick a victim into downloading a virus that infects computer systems and prevents user access until payment is made to unlock it. In 2016, reports indicate that there was an increase in ransomware emails to businesses, purportedly from legitimate companies such as Australia Post or a utility…

…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…

…Scams Awareness Week 2022 … News Scams Awareness Week 2022 takes place 7-11 November. This Scams Awareness Week we’re encouraging you to learn ways to identify scams and take the time to check whether an offer or contact is genuine before you act on it. Scams awareness week 2022 banner Banner saying 'How to spot a scam. Scams … The Scamwatch and ACCC websites contain a range of tools and resources about scams. Scamwatch report form : If you’ve come across a scam you can report it here. Scamwatch reporting statistics : Provides up-to-date statistics on scams reported by Australians. Targeting Scams Reports : Our yearly…

…Optus data breach scams … News Scamwatch is urgently warning Australians to be on the lookout for increased scam activity following the recent Optus data breach and to take steps to protect themselves.…

…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.…