ACCC reports increasing scams

Posted: 17/05/2017

​Aside from current government warnings of global malware scams, the Australian Competition & Consumer Commission (ACCC) advises that 2016 reported online scams increased by 47% compared to 2015. A sharp increase in social media scams include, in particular, dating sites and fake trader scams. Combined reports numbered 200,000 with reported losses totalling $300 million.