Australians lost over $851 million to scams in 2020, a record amount, as scammers took advantage of the pandemic to con unsuspecting people, according to the ACCC’s latest Targeting Scams report released today.
… Romance baiting scams on the rise … Australians reported a record-breaking … conversation to an encrypted chat site. After a few weeks of developing a relationship, the scammer will begin asking … you met on an app and never give financial or personal details to someone you’ve only met online,” Ms Rickard said. …
The ACCC is warning people to be careful about who they ‘friend’ online this Valentine’s Day with stats showing people are most likely to be preyed upon by dating and romance scammers on social media sites.
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.