Australians lose more than AU$93m to scams in 2012

Tue, Jun 18, 2013: The Australian Competition and Consumer Commission (ACCC)’s Targeting Scams Report reveals that Australians lost AU$93 million (RM279 million) to scams last year, 9 per cent increased compared with 2011, abc.net.au reported. However, only 35 per cent of scams reported were from online shopping.

The report also says ‘advance fee fraud’ was the most common form of scam in Australia and average amount lost is between AU$100 (RM300.26) and AU$500 (RM1,501.29).

Author: VSDaily Editor

Share This Post On

Submit a Review

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>