Search Results | Showing 1 - 10 of 16 results for "ScamWatch" |
| | | ... where criminals offer to retrieve lost funds in exchange for further payments. Consumers can report suspected scams to Scamwatch, while ASIC Moneysmart Investor have been identified as unlicenced or potentially fraudulent. |
| | | | ... The initiative forms part of ASIC's broader anti-scam strategy and comes amid persistent scam activity. New data from Scamwatch and ReportCyber showed Australians lodged a combines 60,657 scam reports in the first quarter of 2026, with reported losses ... |
| | | | ... online investment trading platform scams. These fraudulent schemes are commonly found on social media. According to Scamwatch, Australians reported losing more than $8 million to online investment trading platform scams, with 400 reports made last year. ... |
| | | | ... with 2022 already seeing a reported $200 million loss so far. "We know typically only 13% of people report losses to Scamwatch so the actual figures are likely to be much higher. Investment scams have had the highest financial impact for Australians ... |
| | | | This Valentine's Day, Westpac and the ACCC's Scamwatch is urging people to be aware of love scams. Scamwatch found Australians had lost $56 million to love scams last year. This particular breed of scams appears to be on the rise, with 44% more lost ... |
| | | | ... increased reports of cryptocurrency scams, imposter bond scams and Ponzi schemes, according to the ACCC. New data from Scamwatch revealed there has been a 53.4% increase in reports about investment scams received so far with 4763 reports, up from 3104 ... |
| | | | ... lost $18 million; a whopping 260% increase compared to 2019. Overall, 444,164 incidents were reported to the ACCC's Scamwatch, the government's ReportCyber, banks and payment platforms in 2020. About $131 million was lost to romance scams and ... |
| | | | ... million. Combined, the value of scams rose 23% in 2020, with a rise in investment scams and government impersonation scams. Scamwatch said it received over 5170 scam reports mentioning COVID-19 with over $6.28 million in reported losses since the outbreak ... |
| | | | ... all types of scams rose to $18.7 million, up 20.2% from the $15.6 million reported in October, according to the ACCC's ScamWatch. Around 22,000 scams were reported in November across the country, down 16.3% from the 26,432 reported in October. Investment ... |
| | | | ... out personal details over the phone and email. There were 2767 scam reports from Indigenous consumers to the ACCC's Scamwatch in 2019, a 14% increase from 2018. Despite the increase in reporting scams, there was a 30% decrease in losses compared to 2018 ... |
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