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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.
Scamwatch is warning people to be cautious of online shopping scams in the lead up to the holiday season.
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.
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.
Scamwatch is warning people to watch out for scammers setting up fake ads pretending to sell adorable puppies, with more than $310,000 lost and 584 reports about this scam in the past 12 months.
Punters are being warned to watch out for betting and sports investment scams which falsely promise high odds and big returns on Cup Day.
Queensland Crime and Corruption Commission and Queensland Police Service are seeking to speak with victims of an investment fraud scheme.