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Australians reported a record $211 million in losses to scams so far this year, an 89 per cent increase compared to the same period last year, according to new data from Scamwatch.
Police have received reports of scams involving fake Australian Federal Police (AFP) representatives targeting vulnerable members of the community.
Payment redirection scams were the most financially damaging scams for Australian businesses in 2020 according to the ACCC’s latest Targeting Scams report.
Australians have lost over $300,000 to rental and accommodation scams this year, an increase of 76 per cent compared to the same time last year.
The ACCC has launched a podcast series for this year’s National Scams Awareness Week to provide Australians with tips on how to protect their personal and financial details from scammers.
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.
Australians should be aware scammers are adapting existing technology to play on people’s fears around coronavirus and selling products claiming to prevent or cure the virus.
Scamwatch is warning all Australians to be on the lookout for bushfire fundraising scams and do their research when donating so that money can get to those who are in need, rather than those who would take advantage.
There are currently a wide range of appeals raising funds for people and animals affected by the bushfires. Unfortunately, some of these are scams.