News & alerts

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
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 consumers to be extremely cautious about getting involved in business opportunity schemes that promise a lot of income for little or no effort.

SCAMwatch is warning Australians to be on the lookout for a new chain letter scam seeking to take advantage of the current economic climate.

SCAMwatch is warning small to medium businesses to be on the look out for unusual or complicated orders from overseas, particularly orders which are being paid for by credit card.

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