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There has been an increase in scams reported during tax time such as text messages claiming to be from myGov or from agencies claiming to help victims gain early access to their superannuation.
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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.
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Business email compromise scams caused the highest losses across all scam types in 2019 costing businesses $132 million, according to the ACCC’s Targeting Scams report.
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Australians lost over $634 million to scams in 2019, according to the latest figures in the ACCC’s Targeting Scams report released today.
![Finance scams icon with pie chart and bar graph](/sites/www.scamwatch.gov.au/files/styles/scamwatch_news/public/2020-04/finance-scams-360x272.png?itok=Lrvz9vUs)
เดี๋ยวนี้ แก๊งต้มตุ๋นกำลังพยายามหาประโยชน์กับคนออสเตรเลียที่ได้รับผลกระทบทางการเงินจากวิกฤตกาลโควิด–19 โดยมีรายงานเกี่ยวกับการต้มตุ๋นเงินเกษียณใหม่ ๆ ไปที่สแกมวอท์ช (Scamwatch) ในระยะไม่กี่สัปดาห์ที่ผ่านมา
![Finance scams icon with pie chart and bar graph](/sites/www.scamwatch.gov.au/files/styles/scamwatch_news/public/2020-04/finance-scams-360x272.png?itok=Lrvz9vUs)
Scammers are now trying to exploit Australians financially impacted by the COVID-19 crisis with new superannuation scams being reported to Scamwatch in recent weeks.
![Scamwatch COVID-19 thumbnail](/sites/www.scamwatch.gov.au/files/styles/scamwatch_news/public/2020-04/SCAMWATCH-COVID-19_360x272.png?itok=hClu9yey)
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.
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Australians under 25 lost over $5 million to scams in 2019 and reports made from this age group are increasing faster than older generations.
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Australians are set to lose a record amount to scams in 2019, with projections from losses reported to Scamwatch and other government agencies so far expected to exceed $532 million by the end of the year, surpassing half a billion dollars for the first time.
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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.