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Australians should be aware scammers are adapting existing technology to play on people’s fears around coronavirus and selling products claiming to prevent or cure the virus.
Australians under 25 lost over $5 million to scams in 2019 and reports made from this age group are increasing faster than older generations.
Punters are being warned to watch out for betting and sports investment scams which falsely promise high odds and big returns on Cup Day.