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Australians lost over $634 million to scams in 2019, according to the latest figures in the ACCC’s Targeting Scams report released today.
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.
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.
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.
Scamwatch is urging tech-savvy daters to be on the lookout for romance scammers this Valentine’s Day as data shows these scams are increasingly happening through social media and dating apps.
The ACCC is warning people to be careful about who they ‘friend’ online this Valentine’s Day with stats showing people are most likely to be preyed upon by dating and romance scammers on social media sites.
Scamwatch is urging all Australians who lost money to a scammer through Western Union from 2004 to 2017 to take action by the extended deadline of 31 May to try to get it back.
The ACCC is warning people to be wary of scammers when looking for romance online with social media now the most common method scammers use to contact potential victims.