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![](/sites/www.scamwatch.gov.au/files/styles/scamwatch_news/public/featured/1531-Scamwatch-Targeting-Scams-Report-THM_1.png?itok=zLnq7f6s)
Data from the ACCC’s annual Targeting Scams report, released this week, indicates scammers don’t discriminate and are targeting a range of different communities in Australia.
![](/sites/www.scamwatch.gov.au/files/styles/scamwatch_news/public/featured/1531-Scamwatch-Targeting-Scams-Report-THM_1.png?itok=zLnq7f6s)
Australians lost over $634 million to scams in 2019, according to the latest figures in the ACCC’s Targeting Scams report released today.
![](/sites/www.scamwatch.gov.au/files/styles/scamwatch_news/public/Scams_Awareness_Week_360x272.png?itok=JRviIdyH)
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.
![](/sites/www.scamwatch.gov.au/files/styles/scamwatch_news/public/featured/Horse.jpg?itok=l-BCo-2F)
Punters are being warned to watch out for betting and sports investment scams which falsely promise high odds and big returns on Cup Day.