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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.

Scam emails pretending to be from RAC Finance Limited, part of the Western Australian Royal Automobile Club (RAC) are targeting Australians with fake job offers.

More than $300,000 will be returned to consumers who were victims of North American-based scams after Australian Competition and Consumer Commission court intervention.

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