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![Scam text message Scam text message](/sites/www.scamwatch.gov.au/files/styles/scamwatch_news/public/2023-10/job%20scam%20text_October%202023.jpg?itok=uAKvj1jE)
People looking for work are losing money to scammers who pretend to be real organisations or recruiters offering work.
![Image of elderly couple using laptop and phone](/sites/www.scamwatch.gov.au/files/styles/scamwatch_news/public/online-shopping2-800x400.jpg?itok=mH1-nVnI)
Losses to imposter bond investment scams have nearly tripled in the first half of this year with consumers losing over $20 million to these sophisticated scams.
![](/sites/www.scamwatch.gov.au/files/styles/scamwatch_news/public/related-article/Scam33_0.jpg?itok=5791e9aY)
The financial and emotional devastation caused by scams every year in Australia can be reduced if government, consumer groups and the private sector work together.
![two women's trying to make an online payment on their laptop](/sites/www.scamwatch.gov.au/files/styles/scamwatch_news/public/type-of-scam-images/unusual-payment-scam-thumb.jpg?itok=MKza5OET)
Australian businesses lost $227 million to payment redirection scams in 2021, a 77 per cent increase compared to 2020, the ACCC’s latest Targeting Scams report reveals.
![](/sites/www.scamwatch.gov.au/files/styles/scamwatch_news/public/related-article/false-billing-phone-scam-2_1.jpg?itok=fyZ-wGQt)
Scammers stole over $66 million last year from Indigenous Australians, people who identified as culturally and linguistically diverse (CALD), and people with disability
![A couple browsing on their laptop while on a phone call](/sites/www.scamwatch.gov.au/files/styles/scamwatch_news/public/type-of-scam-images/online-shopping2-thumb.jpg?itok=xTcxv3Qp)
Australians lost a record amount to scams in 2021, despite government, law enforcement, and the private sector disrupting more scam activity than ever before.
![Investment scams thumbnail](/sites/www.scamwatch.gov.au/files/styles/scamwatch_news/public/type-of-scam-images/investment-scams-thumb.jpg?itok=hFNGNdK_)
Australians lost over $205 million to scams between 1 January and 1 May, a 166 per cent increase compared to the same period last year, according to new data from Scamwatch.
Australians reported a record $211 million in losses to scams so far this year, an 89 per cent increase compared to the same period last year, according to new data from Scamwatch.
![Investment scams thumbnail](/sites/www.scamwatch.gov.au/files/styles/scamwatch_news/public/type-of-scam-images/investment-scams-thumb.jpg?itok=hFNGNdK_)
Investment scams reported to Scamwatch have cost Australians over $70 million in the first half of this year, more than the total losses reported to Scamwatch for all of 2020, and projected losses are set to reach $140 million by the end of the year.
![](/sites/www.scamwatch.gov.au/files/styles/scamwatch_news/public/featured/1531-Scamwatch-Targeting-Scams-Report-THM_1.png?itok=zLnq7f6s)
Last year scammers stole close to $34 million collectively from people who identified as culturally and linguistically diverse (CALD), people with disability, and Indigenous Australians.