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.
SCAMwatch is warning people thinking about buying a franchise or small business to beware of exciting new franchise opportunities that may actually be scams.
With the end of the financial year upon us, small businesses across Australia are busy tidying up their financial affairs. However, this time is not only busy for business, but for scammers as well.
SCAMwatch is warning consumers to be extremely cautious about getting involved in business opportunity schemes that promise a lot of income for little or no effort.
SCAMwatch is warning small to medium businesses to be on the look out for unusual or complicated orders from overseas, particularly orders which are being paid for by credit card.
Have you recently received a spam email offering you work as a 'transfer manager' or 'financial' manager for an overseas company? These 'job offers' are scams!