Tag: SCAMwatch

The ACCC is warning investors to be wary of scammers after its 9thannual ‘Targeting scams report’ revealed that Investment scams had increased by more than 8 per cent, costing Australians $64 million in 2017. This week marks Scams Awareness Week 2018 and ACCC Deputy Chair Delia Rickard warns that ‘some scams are becoming very sophisticated […]

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

91,637 took to the ACCC with complaints of scams in 2014, resulting in an accumulated loss of $81,832,793.