News and alerts

…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…

…Warning about tax scams … News Tax scams seem to be everywhere at the moment and Scamwatch is warning people not to engage with phone calls or emails they receive threatening arrest or jail over unpaid tax debts. Tax scams … emails they receive threatening arrest or jail over unpaid tax debts. Reports of these scams have jumped…

…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…

…Threat and kidnap scams continue to target Chinese community … two alarming scams that involve extortion via fake kidnappings and threats of arrest. The ACCC’s Scamwatch service is warning the Chinese community in Australia to be wary about two alarming scams that … approximately 900 reports about scams targeting the Chinese community, with losses totalling over $1.5 million…

…Threat and kidnap scams target Chinese community … News Scamwatch is warning the Chinese community in Australia to be wary about two frightening scams … frightening scams targeting them that involve threats of arrest, and extortion via fake kidnappings. In 2018, Scamwatch has received nearly 1700 reports about these scams, with losses totalling $1.15 million. Losses…

…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 of immigration scams … News SCAMwatch and the Department of Immigration and Citizenship are warning people who have migrated to Australia or are currently temporary visa holders to be cautious of immigration-related scams … Australia or are currently temporary visa holders to be cautious of immigration-related scams. These scams…

…Scams robbed Australians of more than $2 billion last year … News Australians lost a record amount to scams in 2021, despite government, law enforcement, and the private sector disrupting more scam activity than ever before. Australians lost a record amount of more than $2 billion to scams in 2021, despite government, law enforcement, and the private sector … The ACCC-run Scamwatch aims to raise awareness about how to recognise, avoid and report scams. It also shares intelligence and works with government, law enforcement and the private sector to disrupt and prevent scams. Reference to combined reports or losses include data from Scamwatch, ReportCyber, other…

…Payment redirection scams cost Australian businesses $227 million last year … News Australian businesses lost $227 million to payment redirection scams in 2021, a 77 per cent increase compared to 2020, the ACCC’s latest Targeting Scams report reveals. Australian businesses lost $227 million to payment redirection scams in 2021, a 77 per cent increase compared to 2020, the ACCC’s … Top 5 scams by losses as reported by businesses in 2021 (Scamwatch data only)…

…Scam losses to culturally diverse communities, people with disability and Indigenous Australians almost doubled in 2021 … ), and people with disability, according to new data from the ACCC’s annual Targeting Scams report .   “Scammers … of the community lose significantly more money to scams last year.” In 2021, Scamwatch received 4,958 reports from…