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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.
Scammers stole over $66 million last year from Indigenous Australians, people who identified as culturally and linguistically diverse (CALD), and people with disability
Australians lost a record amount to scams in 2021, despite government, law enforcement, and the private sector disrupting more scam activity than ever before.
Scamwatch is warning people to be aware of uninvited offers of help to recover money for an up-front payment, following a spike in reports of money recovery scams.
Scamwatch is urging people to watch out for dating and romance scams after Australians reported losing a record $56 million last year, an increase of 44 per cent.