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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.
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.
Scamwatch is warning members of the public about a spate of text messages asking for emergency assistance.
Punters are being warned to watch out for betting and sports investment scams which falsely promise high odds and big returns on Cup Day.
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.
SCAMwatch is warning people thinking about buying a franchise or small business to beware of exciting new franchise opportunities that may actually be scams.
SCAMwatch is reminding punters not to be fooled by con artists pushing sports investment scams this spring racing season.
SCAMwatch is warning punters not to be fooled by scammers peddling sports investment scams this spring racing season.
SCAMwatch is warning consumers not to respond to text messages which claim you have won a voucher
SCAMwatch is warning punters this racing season to be cautious of investing in expensive betting schemes and software packages which make false claims of guaranteed winnings.