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Australians have lost over $8.8 million to threat based scams so far this year, and young people are reporting the highest losses.
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The ACCC has launched a podcast series for this year’s National Scams Awareness Week to provide Australians with tips on how to protect their personal and financial details from scammers.
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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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Australians lost over $634 million to scams in 2019, according to the latest figures in the ACCC’s Targeting Scams report released today.
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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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Scammers are using new online platforms to take advantage of their victims, with dating and romance scams making up one fifth of losses across all scams reported to Scamwatch in 2019.
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Scamwatch is warning all Australians to be on the lookout for bushfire fundraising scams and do their research when donating so that money can get to those who are in need, rather than those who would take advantage.
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There are currently a wide range of appeals raising funds for people and animals affected by the bushfires. Unfortunately, some of these are scams.