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The ACCC is warning the community to watch out for investment scammers who promise the world but leave their victims with broken dreams and empty bank accounts.
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.
Scamwatch is warning investors to beware of binary trading scams that lure you in with the opportunity to make money through asset price movement.
A national campaign has been launched by consumer regulators around Australia to warn potential property investors about property spruikers who claim to be ‘wealth creators’ but are really just in it for themselves.
Queensland Crime and Corruption Commission and Queensland Police Service are seeking to speak with victims of an investment fraud scheme.
SCAMwatch is encouraging Australians who are considering donating to bushfire appeals to make sure they double check whether the appeal or its organisers are legitimate so that their generosity reaches victims, not scammers.
SCAMwatch is warning would-be travelers to watch out for travel scams as scammers seek to take advantage of those looking for a hard-earned break.
SCAMwatch is urging Indigenous consumers, especially those living in rural and remote communities, to be on the lookout for scammers trying to trick you into handing over your personal details or money.
SCAMwatch is warning Australians to be wary of scammers looking to take advantage of the Malaysia Airlines Flight MH17 tragedy by setting up fake Facebook pages in the name of victims of the tragedy.
SCAMwatch and Qantas are warning people about automated calls from scammers posing as Qantas staff claiming that they’ve won a credit towards their next holiday.