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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.
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.
The ACCC is warning the community to be wary of scammers trying to ruin their Christmas holidays.
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.
Scamwatch is warning investors to beware of binary trading scams that lure you in with the opportunity to make money through asset price movement.
A national campaign has been launched by consumer regulators around Australia to warn potential property investors about property spruikers who claim to be ‘wealth creators’ but are really just in it for themselves.
Queensland Crime and Corruption Commission and Queensland Police Service are seeking to speak with victims of an investment fraud scheme.
SCAMwatch is encouraging Australians who are considering donating to bushfire appeals to make sure they double check whether the appeal or its organisers are legitimate so that their generosity reaches victims, not scammers.
SCAMwatch is warning would-be travelers to watch out for travel scams as scammers seek to take advantage of those looking for a hard-earned break.
SCAMwatch is warning Australians to be wary of scammers looking to take advantage of the Malaysia Airlines Flight MH17 tragedy by setting up fake Facebook pages in the name of victims of the tragedy.