Displaying items by tag: investment scams

Losses by Australians to dating and romance scams are expected to be much higher this year as scammers turn to a new technique - romance baiting - using dating apps to lure victims into investment scams, according to the consumer watchdog, the ACCC.

Published in Security

Australians are expected to suffer record losses to scammers exceeding $532 million by the end of this year, surpassing half a billion dollars for the first time, according to the latest Scamwatch report from the Australian Competition and Consumer Commission (ACCC).

Published in Security

Australians who are older, Indigenous or have disabilities reported record losses to scammers in 2018, according to the latest Scamwatch report from the Australian Competition and Consumer Commission.

Published in Security

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