Browse news

12 August 2019

Record losses expected as scammers target Australians

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.
23 July 2019

How criminals steal your identity information to steal your money

Scams reported to the ACCC involving identity theft or the loss of personal/banking information have cost Australians at least $16 million this year, and this figure is likely to be just the tip of the iceberg.
17 June 2019

Monthly average losses to NBN scams almost triple in 2019

Australians are losing more money to NBN scams, with reported losses in 2019 already higher than the total of last year’s losses.
24 September 2018

Consumers urged to be wary of celebrity endorsement scams

People are increasingly being caught out by celebrity endorsement scams, with reports to Scamwatch increasing 400 per cent and losses increasing a staggering 3,800 per cent so far in 2018.
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.

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.

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.

10 August 2015

Don’t let scammers ‘tax' you this tax time

With tax time in full swing, Scamwatch is again urging consumers and small businesses to be aware of scammers taking advantage of the busy nature of tax time to target you.

21 May 2015

Indigenous consumers lost $740,000 to scams last year

This Fraud Week, the Australian Competition and Consumer Commission is urging Indigenous consumers to be wary of requests over the internet for personal information.