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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.
Unfortunately, scammers are taking advantage of the spread of coronavirus to exploit and play on the fears of consumers across Australia.
Australians under 25 lost over $5 million to scams in 2019 and reports made from this age group are increasing faster than older generations.
Scammers are using new online platforms to take advantage of their victims, with dating and romance scams making up one fifth of losses across all scams reported to Scamwatch in 2019.
Scamwatch is warning all Australians to be on the lookout for bushfire fundraising scams and do their research when donating so that money can get to those who are in need, rather than those who would take advantage.