Australians report more scams than ever before

Australians reported more scams last year than ever before, losing billions of dollars to financial criminals. The Australian Competition and Consumer Commission says older Australians, as well as those from culturally and linguistically diverse communities, are among those most at risk.

File photo dated 30/03/20 of a woman using a laptop as she holds a bank card. In 2023 Santander customers reported losing £7.3 million to purchase scams originating on online selling sites and marketplaces. Credit: PA/Alamy