Investment scams reported to Scamwatch have cost Australians over $70 million in the first half of this year, more than the total losses reported to Scamwatch for all of 2020, and projected losses are set to reach $140 million by the end of the year.
Data from Scamwatch shows a 53.4 per cent increase in reports about investment scams received so far, up from 3,104 in the first half of 2020 to…
Missed call or voicemail (Flubot) scams
August 23, 2021
Since August 2021, many Australians have been getting scam text messages about missed calls or…
Computer takeover scams on the rise
July 12, 2021
So far this year scammers have stolen more than $7.2 million from Australians by gaining access to…
Culturally and linguistically diverse community lose $22 million to scams in 2020, reports from Indigenous Australians up by 25 per cent
June 10, 2021
Last year scammers stole close to $34 million collectively from people who identified as culturally…
Payment redirection scams cost Australian businesses $128 million in 2020
June 8, 2021
Payment redirection scams were the most financially damaging scams for Australian businesses in 2020…
Scammers capitalise on pandemic as Australians lose record $851 million to scams
June 6, 2021
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Australians lost over $851 million to scams in 2020, a record amount, as scammers took…
Losses to car ad scams climbing
April 27, 2021
Australians have already lost over $288,000 to vehicle scams in the first quarter of this year, more…
Payment redirection scams cost Australian businesses $14 million
March 29, 2021
Australian businesses reported over $14 million in losses to Scamwatch due to payment redirection…