Australians report record $3.1bn losses to scams, with real amount even higher, ACCC says

Investment fraud amounts for biggest share at $1.5bn, followed by remote access and payment redirection rorts

• Get our morning and afternoon news emails, free app or daily news podcast

Australians lost a record amount of more than $3.1bn to scams in 2022, up from the $2bn lost in 2021, a new report from the Australian Competition & Consumer Commission has revealed.

The Targeting Scams report, which compiles data from Scamwatch, ReportCyber, major banks and money remitters, was based on an analysis of more than 500,000 reports.

Continue reading...

from World news | The Guardian https://ift.tt/YVS9bJg