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Data from the ACCC’s annual Targeting Scams report, released this week, indicates scammers don’t discriminate and are targeting a range of different communities in Australia.

Australians lost over $634 million to scams in 2019, according to the latest figures in the ACCC’s Targeting Scams report released today.

Scammers often use the names of non-existent realistic sounding institutions like “the Federal Bank of South Africa” or “the European Consumer Protection Bureau”.