CANSTAR - Apr 29 - ~118K Aussies were swindled out of $107M in 2018, marking a new record in the amount of financial loss reported to the Australian Competition and Consumer Commission's (ACCC) Scamwatch website and phone helpline in one year. It is also an 18% increase over the $90.9M in financial loss Scamwatch reported in 2017. Dating and romance scams were the second most financially damaging with losses of $24.6M. Women reported losing most to dating and romance scams with $19.5M in losses, while men were most affected by investment scams, reporting losses of $29.1M.
by Petrina Berry
See full article at Canstar
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