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How To Money

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Financial Scams in Australia

2017-12-03

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Everyone is vulnerable to scams so it is important to stay informed on how to identify and avoid being scammed. You may be saying that it would never happen to you, but scammers are staying up to date with the world and tailoring their scams accordingly, so it is a good idea to stay aware about the latest scams making the rounds.

In 2016, the ACCC’s Scamwatch and the Australian Cybercrime Online Reporting Network received a combined 200,000 reports about scams. Losses reported to Scamwatch and various reporting programs totaled $299.8 million.

Find out more about the latest scams via the ACCC Scamwatch

The Little Black Book of Scams (PDF)

Reporting Scams

As always, check out the ASIC Moneysmart website for more information. We are also writing about money related topics on Medium now, so definitely check us out there as well.

Send your questions, topic suggestions and feedback to us via Twitter @HowToMoneyAUS, and if you enjoyed this episode please leave us a review here on iTunes.