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More than $300,000 will be returned to consumers who were victims of North American-based scams after Australian Competition and Consumer Commission court intervention.
Scammers often use the names of non-existent realistic sounding institutions like “the Federal Bank of South Africa” or “the European Consumer Protection Bureau”.
SCAMwatch has seen a steady increase in reports about lottery scams, particularly from older Australians. If you receive a lottery scam, delete or destroy it.