Cybercriminals are targeting businesses with a new scam that uses fake invoices to trick the business into paying money to the scammer. The invoices look legitimate and are often sent from a legitimate-looking email address, making it difficult for busy finance teams to spot the fakes. According to the ACCC’s Scamwatch, Australian businesses lost $2.8 […]
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.
91,637 took to the ACCC with complaints of scams in 2014, resulting in an accumulated loss of $81,832,793.
The use of counterfeit money in Australia may not be too prevalent, but the potential costs can nevertheless affect both business and the general public.
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.
With Valentine’s Day right around the corner, Australian’s are being warned not to fall for scammers aiming to hit emotional buttons to receive cash, gifts, or personal details.
Many small business owners believe that their business is too small to be targeted by fraudsters and scammers. This could not be further from the truth.
As small business numbers increase and more entrepreneurs look for capital, a growing amount of organisations claiming to be affiliated with the Government are looking to take your money.
More than 90,000 Australians were ripped off for nearly $90 million in fraud scams in 2013.
