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. 21 May 2018 Australians lost $340 million to scammers in 2017 Australians lost more money to scammers in 2017 than in any other year since the ACCC began reporting on scam activity.
