The ACCC is warning the community to watch out for investment scammers who promise the world but leave their victims with broken dreams and empty bank accounts.
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.
The Australian Competition and Consumer Commission is warning online shoppers to be wary of scammers masquerading as legitimate online retailers, often selling well-known brands at too-good-to-be-true prices.
SCAMwatch is warning people to be on the lookout this festive season not just for flying reindeer and bargain gifts but also scam surprises wrapped up as the real deal.
With Halloween around the corner, SCAMwatch urges you to be alert to a new type of scareware doing the rounds where scammers try and scare you into handing over money in order to regain control of your computer.
SCAMwatch is warning Australians to beware of SMS death threats from scammers claiming to be 'hitmen' hired to kill the SMS recipient unless they send cash.