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Australians who are older, Indigenous or have disability reported record losses in 2018 according to the ACCC’s annual Targeting Scams report released this week.
Australian businesses reported more than 5800 scams with losses exceeding $7.2 million in 2018, a 53 per cent increase compared to 2017, according to the ACCC’s Targeting scams report.
Scammers are increasingly using fake charities or impersonating real charities to take advantage of people’s generosity and compassion, with losses reported to the ACCC’s Scamwatch increasing steadily over the past four years.
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.
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.
Punters are being warned to watch out for betting and sports investment scams which falsely promise high odds and big returns on Cup Day.
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.
The ACCC is warning people to stay alert to ‘phishing’ scammers pretending to be from well-known businesses and government departments trying to con unsuspecting victims out of their personal information and money.
The Australian Competition and Consumer Commission is warning people to watch out for dodgy internet pop-up windows claiming there are viruses or other seemingly nasty tech problems affecting their computer.
Scamwatch is warning Australian gamblers not to part with money they didn’t plan to during Spring Racing Season, today issuing an alert that confidence tricksters are on the hunt for more victims.