$340 million from over 200,000 incidents of on line and phone scams had been recorded in 2017 – that is a growth of $40 million since just last year, the absolute most ever reported.
While investment scams account fully for $64 million of this total figure, the greatest increase is noticed in relationship and dating frauds.
The ACCC’s Targeting frauds report details reports presented to your ACCC, Australian Cybercrime on line Reporting Network (ACORN) as well as other federal and government that is state-based in 2017.
Around 30 percent of dating and relationship scam victims whom reported to Scamwatch had been contacted via social media websites, in specific Facebook.
Dating and romance scammers trick their victims into falling in deep love with them and then use their victim’s trust to take their money deceitfully. The advice? If some body you have met through social networking you’ve never ever met face-to-face asks you for the money, your alarm bells must be ringing. Do not ever wire transfer or send money to somebody you do not know it again because you won’t see.
“It is very worrying that Australians are losing such amounts that are extraordinary scammers. Predicated on simply the reports provided in to the ACCC, victims are losing on average $6500. In certain instances folks have lost significantly more than $1 million, ” ACCC Deputy seat Delia Rickard stated. “Some frauds are getting to be really sophisticated and difficult to spot. “