Scamwatch is calling on businesses to urgently review how they verify and pay accounts and invoices as reports of business email compromise (BEC) scams to Scamwatch have grown by a third this year.
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.
SCAMwatch is warning people thinking about buying a franchise or small business to beware of exciting new franchise opportunities that may actually be scams.
SCAMwatch is warning small businesses to continue to be alert to the fake ‘Yellow Pages’ business directory scam. The scammers are now operating a site registered in Austria, ‘www.yellow-page-australia.at’, after their previous site, ‘www.yellow-page-australia.com’, was shut down.
SCAMwatch is warning consumers and businesses to be on the look out for carbon price scams, particularly calls asking for personal information in order to receive compensation.