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Punters are being warned to watch out for betting and sports investment scams which falsely promise high odds and big returns on Cup Day.
Nearly 6000 businesses reported being targeted by scams in 2016 according to the Australian Competition and Consumer Commission’s Targeting Scams report, with losses totalling around $3.8 million, an increase of almost 31 per cent.
The ACCC is warning people to be wary of scammers when looking for romance online with social media now the most common method scammers use to contact potential victims.
Watch out for fake parcel delivery scams arriving in your inbox this Christmas, after $80,000 was reported lost to the ACCC this year, with 1,360 complaints.
Scamwatch is warning Australian gamblers not to part with money they didn’t plan to during Spring Racing Season, today issuing an alert that confidence tricksters are on the hunt for more victims.
This Valentine’s Day, the ACCC is warning the online dating community to watch out for any love interest that asks for money.
Scamwatch is warning of phone calls from scammers claiming to collect debts.
SCAMwatch is warning Australian businesses to beware of an invoice email scam seeking payment re-direction.
In August 2014, the ACCC commenced its Scam Disruption Project which aims to stop potential scam victims from sending more money to scammers.
SCAMwatch is warning consumers with a disability to be on guard against scams – unfortunately, scammers target people whom they think may be vulnerable to try and take advantage of them.