Business
More than $205 million was taken from Australians by scams in the first four months of the year and more than half of that was from crypto rip-offs, according to the Australian Competition and Consumer Commission.
Business
Australia’s consumer watchdog has accused Facebook’s owner, Meta Platforms, of engaging in false, misleading and deceptive conduct by publishing scam cryptocurrency advertisements featuring public figures like Dick Smith and David Koch.
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Shipping containers were a new scam trend this year and pet scams almost doubled as crims took advantage of pandemic container shortages and our love for furry friends to keep us company in lockdown.
Scams have increased during the pandemic and the Federal Government is preparing for more serious crimes during the vaccination rollout.
Taking a tougher line on scammers could save customers millions of dollars – and also safeguard their mental health.
Fraudsters are ruthless and will use any means necessary to gain financial advantage.
