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![](/sites/www.scamwatch.gov.au/files/styles/scamwatch_news/public/featured/merry%20christmas_0.jpg?itok=2ylIG5_p)
Scamwatch is warning people to be careful about being caught out by holiday season scams.
![alt=""](/sites/www.scamwatch.gov.au/files/styles/scamwatch_news/public/type-of-scam-images/online-shopping.png?itok=3HLCmMuX)
People are increasingly being caught out by celebrity endorsement scams, with reports to Scamwatch increasing 400 per cent and losses increasing a staggering 3,800 per cent so far in 2018.
![](/sites/www.scamwatch.gov.au/files/styles/scamwatch_news/public/type-of-scam-images/investment_0.png?itok=rwbsxsDV)
Scamwatch is warning the Australian community to be wary about investment scams, with statistics revealing Australians are collectively losing $4.3 million a month to these scams.
![](/sites/www.scamwatch.gov.au/files/styles/scamwatch_news/public/type-of-scam-images/protect-small-business.png?itok=W1druqQv)
Scammers swindled nearly $4.7 million from Australian businesses in 2017 according to the ACCC’s latest Targeting scams report – a 23 per cent increase compared to 2016.
![](/sites/www.scamwatch.gov.au/files/styles/scamwatch_news/public/type-of-scam-images/news.png?itok=oh7vtH8v)
Australians lost more money to scammers in 2017 than in any other year since the ACCC began reporting on scam activity.