Browse news

23 July 2018

Beware investment wolves knocking at the door

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.
24 May 2018

Business losses to scams up 23 per cent

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.

6 November 2017

Don’t be taken for a ride this Melbourne Cup

Punters are being warned to watch out for betting and sports investment scams which falsely promise high odds and big returns on Cup Day.

17 July 2017

Beware high risk, no reward investment scams

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.

31 October 2016

Don't place bets with a scammer this spring racing season

Scamwatch is warning Australian gamblers not to part with money they didn’t plan to during Spring Racing Season, today issuing an alert that confidence tricksters are on the hunt for more victims.
9 September 2016

Don't be lured into binary options scams

Scamwatch is warning investors to beware of binary trading scams that lure you in with the opportunity to make money through asset price movement.

27 May 2016

Consumers warned about property investment schemes

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.
21 August 2015

Queensland authorities seek to speak with victims of investment fraud scheme

Queensland Crime and Corruption Commission and Queensland Police Service are seeking to speak with victims of an investment fraud scheme.
7 January 2015

Donate safely to bushfire appeals

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.

21 July 2014

Beware of scammers taking advantage of the Malaysia Airlines Flight MH17 tragedy

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.