Online Scams And Fraud Increasing Trends in Australia
The Australian Competition and Consumer Commission (ACCC) disclosed in a report dated May 2019 that 378,000 cases of scams, mostly from the online environment were reported to the commission for the whole of 2018. Australians collectively lost AU$489 million, 41.7% more than 2017. ACCC runs Scamwatch, which separately collected 177,516 reports, that number is so