Online scams and fraud: Australians lose over $90 million in 2014

An interesting article posted in the SMH about online scams and fraud. It’s worth the read, and should defiantly be shared among your family and peers to raise awareness and hopefully skill people up to reduce the impact of these illegal actions. We have seen some pretty tricky ones recently, including one that genuinely looked like it came from the government (Pictured below).

SDRO-scam-12112014

Here is an excerpt from the article:

Scams. They’re everywhere. They tap into our emotions, our desires, our fears, our needs and our wants.

According to the Australian Competition and Consumer Commission (ACCC) Australians gave more than $90 million to scammers in 2014, which is a slight increase on the 2013 figures.

And while dating and romance scams still make up a large proportion of the fraud being committed, the most complaints to the ACCC are related to advance fee fraud – those scams where you receive a message from someone who needs your help to get money out of a foreign bank account.

You can read the full article here