Australian businesses reported over $14 million in losses to Scamwatch due to payment redirection scams last year, and average losses so far in 2021 are more than five times higher compared to average losses in the same period last year.
Total losses are much higher as these scams are reported to a range of different organisations.
In a payment redirection scam, also known as business email…
Romance baiting scams on the rise
February 11, 2021
Australians reported a record-breaking $37 million lost to Scamwatch last year for dating and…
11 Women Investigated For Offences under the New Payment Services Act 2019 (1)
December 28, 2020
11 Women Investigated For Offences under the New Payment Services Act 2019 (1)
…
At least $4.5m lost to Impersonation Scams
December 28, 2020
At least $4.5m lost to Impersonation Scams
We would like to alert the public…
Current COVID-19 (coronavirus) scams | Scamwatch
December 28, 2020
Scammers are using the spread of COVID-19 (coronavirus) to take advantage of people across…
Watch out for online shopping scams this holiday season
December 27, 2020
Losses to online shopping scams have increased 42 per cent this year, and Scamwatch is warning…
Threat based scams targeting young people and Chinese community
December 27, 2020
Australians have lost over $8.8 million to threat based scams so far this year, and young people are…
Cases Of Internet Love Scam Increased In The First Quarter Of 2020
December 27, 2020
Cases Of Internet Love Scam Increased In The First Quarter Of 2020
The number…