10 March 2020 Gen Z the fastest growing victims of scams Australians under 25 lost over $5 million to scams in 2019 and reports made from this age group are increasing faster than older generations. 11 February 2019 Warning about 'emergency' text messages Scamwatch is warning members of the public about a spate of text messages asking for emergency assistance. 28 November 2006 A personal request from “The Reserve Bank of Australia”? Not likely! Scammers often use the names of non-existent realistic sounding institutions like “the Federal Bank of South Africa” or “the European Consumer Protection Bureau”.