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David Erenboin

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Second-hand sale market takes hit as scammers rip off $260K using PayID scam

Almost everyone knows someone who has been caught up in the annoying scam that has weaselled its way into the booming side hustle market. A common trick used by scammers is turning people off a handy payment system used by millions. PayID scams often crop up when someone tries to sell something on a sale […]

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ACCC calls for united front as scammers steal over $3bn from Australians

The latest Targeting Scams report has revealed Australians lost a record $3.1 billion to scams in 2022, as government, law enforcement and the private sector look to improve collaborative efforts to support the community in the fight against scams. This is an 80 per cent increase on total losses recorded in 2021. The report compiles

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Australians report record $2.74bn losses to scams, with real amount even higher, ACCC says

Investment fraud amounts for biggest share at $2.74bn, followed by remote access and payment redirection rorts Australians lost a record amount of more than $3.1bn to scams in 2022, up from the $2bn lost in 2021, a new report from the Australian Competition and Consumer Commission has revealed. The Targeting Scams report, which compiles data

Australians report record $2.74bn losses to scams, with real amount even higher, ACCC says Read More »

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