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Australians are losing more money to NBN scams, with reported losses in 2019 already higher than the total of last year’s losses.
Australian businesses reported more than 5800 scams with losses exceeding $7.2 million in 2018, a 53 per cent increase compared to 2017, according to the ACCC’s Targeting scams report.
Scamwatch is warning people to be careful about being caught out by holiday season scams.
Scamwatch is calling on businesses to urgently review how they verify and pay accounts and invoices as reports of business email compromise (BEC) scams to Scamwatch have grown by a third this year.
Scammers swindled nearly $4.7 million from Australian businesses in 2017 according to the ACCC’s latest Targeting scams report – a 23 per cent increase compared to 2016.
Australians lost more money to scammers in 2017 than in any other year since the ACCC began reporting on scam activity.
If you lost money to a scammer through Western Union from 2004 to 2017, you may be eligible for a refund. Find out how you can make a claim.
Punters are being warned to watch out for betting and sports investment scams which falsely promise high odds and big returns on Cup Day.
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.
Queensland Crime and Corruption Commission and Queensland Police Service are seeking to speak with victims of an investment fraud scheme.