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.
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.
The Australian Competition and Consumer Commission is warning the community to be aware of phone calls from scammers pretending to be from the Department of Human Services or Centrelink.
Scamwatch is warning Australian consumers and small businesses to take extra care when seeking government grants and to be suspicious of unsolicited offers of money in the form of government grants.
The ACCC is warning the public to be alert to scams offering fake gift cards or vouchers in return for disclosing credit card and other personal information.