Australians have lost a record $851 million to scams, with scammers taking advantage of the pandemic to con unsuspecting people, according to a new report which also reveals that investment scams accounted for the biggest losses.
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.
Australians lost over $634 million to scams in 2019, according to the latest Scamwatch report from the consumer watchdog the Australian Competition and Consumer Commission (ACCC).
Scammers are using new online platforms to take advantage of their victims, with dating and romance scams making up one fifth of losses amounting to millions of dollars, across all scams reported to the ACCC’s Scamwatch service in 2019.
Scammers fleeced an average of nearly $6500 from Indigenous Australians in 2017, a 14% increase on 2016, with total losses to scams around $1.7 million – with the most losses incurred by Indigenous victims of dating and romance scams.
Hinge, a dating app developed in the US and widely reported as a “Tinder” killer has been re-launched in Australia this week.
I find it strange that things like watching streaming media such as Netflix or listening to music should be classifieded[…]
thanks for this post
There's a lot more in US District Judge Yvonne Gonzalez Rogers' decision than you have reported here. Apple won all[…]
I'm a retired proofreader with a lot of free time on my hands and would happily work as a moderator[…]
All this ruling does is clarify the situation and confirm the commonsense proposition that what has long been generally unlawful[…]