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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.
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.
Punters are being warned to watch out for betting and sports investment scams which falsely promise high odds and big returns on Cup Day.
Queensland Crime and Corruption Commission and Queensland Police Service are seeking to speak with victims of an investment fraud scheme.
Nearly $82 million was lost to scams in 2014, and many included some form of identity fraud. The theme of National Consumer Fraud Week 2015 is ‘get smarter with your data’.