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09 Jun 2021 …Scam category Reported losses 2020 False billing $13,509,327 Health & medical product scams $2,053,745 Investment scams $1,674,473 Online shopping scams $496,947 Classified scams $200,911 …
07 Jun 2021 … reports and losses.” As people spent more time online during the COVID-19 pandemic lockdown, reports … Scam type Scamwatch ReportCyber* Bank losses ASIC Total [1] Investment scams $65,820,313 $6,806,439* $89,339,207 $185,394,786 [2] $328,091,449 Dating and romance scams $38,916,120 $27,871,737 $92,486,588 N/A $131,976,234 Payment redirection scams $14,115,692 $75,704,868 $73,901,297 N/A $128,415,400 Shopping scams…