Why are an increasing number of Australians being caught in financial scams? Financial Scams, Tuesday, June 24 at 8:30pm on SBS and SBS On Demand.
Australians lost almost half a billion dollars to scammers in 2018 according to the ACCC’s Targeting Scams report. "And these record losses are likely just the tip of the iceberg. We know that not everyone who suffers a loss to a scammer reports it to a government agency.”In 2018 investment scams were the most financially devastating scams at $86 million, an increase of more than 34 per cent compared with 2017.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more: