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Australians are set to lose a record amount to scams in 2019, with projections from losses reported to Scamwatch and other government agencies so far expected to exceed $532 million by the end of the year, surpassing half a billion dollars for the first time.
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.

SCAMwatch is warning Australians to continue to be wary of phishing scams received by email or SMS following a twist which leads to fraudulent online banking transactions.

A state-of-the art DNA test that will reveal the blueprint of your genetic code and hold all the answers to your health, wealth and personal prosperity? Not likely!

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