Tag: Scammers

Businesses and individuals affected by the severe weather conditions in Australia’s east coast are urged to be vigilant of flood recovery scams.

Once convinced, the target will then transfer their superannuation to what they believe is a new fund, but is actually a bank account belonging to the scammer.

45,743 complaints regarding scams have been received this year and an overall loss of $45,902,666 has been registered.

Approximately one third of Indigenous Australians that were targeted by scammers went on to lose money, a figure that more than doubles the amount of non-Indigenous consumers.

Scammers are calling visa holders and Australian citizens with threats of deportation, claiming that they have not filled out their forms correctly and must pay around $1,000 to have the forms resubmitted.

Don’t be fooled if a government agency or energy company calls up and offers a refund because of the carbon tax repeal. It’s very likely to be a scam.

The Federal Government is urging businesses to be wary of a rising number of carbon price scams, as the 1 July launch date for the emissions tax draws closer.

Local small and medium businesses are bearing the brunt of the close to $29 million lost annually in media scams, with more than 150 fake publications tricking businesses into parting with their cash in the last 12 months alone.

Unsuspecting small businesses are often in the sights of scammers around the end of the financial year, with the Australian Competition and Consumer Commission (ACCC) suggesting SMBs remain vigilant at this time of year.