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Scams reported to the ACCC involving identity theft or the loss of personal/banking information have cost Australians at least $16 million this year, and this figure is likely to be just the tip of the iceberg.

Australians are losing more money to NBN scams, with reported losses in 2019 already higher than the total of last year’s losses.

Australians who are older, Indigenous or have disability reported record losses in 2018 according to the ACCC’s annual Targeting Scams report released this week.

Scamwatch is urging tech-savvy daters to be on the lookout for romance scammers this Valentine’s Day as data shows these scams are increasingly happening through social media and dating apps.