Search Results | Showing 31 - 40 of 151 results for "Scams" |
| | | ... transactions, delay in insurance claim handling, disputes over insurance claim amounts, service quality, and 'other' types of scams. |
| | | | ... unreliable information online, which could be costly. According to the FAAA, Australians have lost over $1.3 billion to financial scams last year. "One-in-three Australians are still turning to unqualified finfluencers for guidance - a decision that ... |
| | | | ... cohort tends to seek consultation through family and friends and social media, possibly leaving the group more vulnerable to scams involving superannuation. The industry body is now calling for the second tranche of the DBFO reforms to make financial ... |
| | | | ... those falsely claiming to be authorised or regulated by ASIC, fake investment trading platforms, and crypto-asset related scams. Combating investment scams is a key priority for ASIC. Since July 2023, the regulator has coordinated the removal of over ... |
| | | | ... and unified approach," Delahunty said. ASFA said the initiative will also build on the momentum of the government's recent Scams Prevention Framework, which called for a coordinated response to financial crime. "As the Minister for Cyber Security, Tony ... |
| | | | Treasury has released the Scams Prevention Framework for consultation with harsh penalties proposed for financial services firms that don't do enough to prevent scams. The government is planning to introduce mandatory codes that would requires financial ... |
| | | | ... taken down more than 7300 phishing and investment scam websites. This includes the removal of 5530 fake investment platform scams since July 2023. It has also seen the closure of 1065 phishing scam hyperlinks and 615 cryptocurrency investment scams ... |
| | | | ... loss on a superannuation scam complaint was just under $90,000. AFCA said of the nearly 11,000 complaints in relation to scams last financial year, less than 20 came from superannuation fund members. "That's pleasing - but not a reason for complacency ... |
| | | | ... 11% to 59,636. Scam-related complaints rose 81% to 10,951 in FY24, averaging 913 a month compared with 504 year on year. Scams in the super sector were particularly worrying due to their sophistication. "We urge super fund trustees to review the steps ... |
| | | | ... tactics, including targeting account holders through social media, which ASIC has identified as a growing concern. "Most scams begin through interactions over platforms like Reddit, TikTok, and X (formerly Twitter). Young people's personal trust ... |
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