Original media release by CALC (24/11/2023). Consumer Action Law Centre has welcomed the scams safe accord announced by the Australian Banking Association (ABA) and Customer Owned Banking Association (COBA) which has involved, for the first time, member banks joining forces and agreeing on key steps to enhance scams protections for Australian banking customers. “We are…
Read More Banking Industry Announces First Big Step in Addressing Scams
ASIC has today launched a consumer campaign to raise awareness of the risk associated with investment hype to coincide with the Australian release of Dumb Money, a new film about the GameStop short squeeze episode in 2021.
Read More ‘Don’t get burnt by hype’ the Launch of ASIC’s Latest Consumer Awareness Campaign
According to the National Anti?Scams Centre (NASC) financial losses to job and employment scams have increased by over 740% in 2023.
Scammers are targeting jobseekers with lucrative offers to complete tasks, tricking unsuspecting victims into handing over their hard?earned money.
Australians have reported losses of $20 million to employment scams this year alone.
Read More Australian’s Urged to Be Alert to Rapidly Rising Employment Scams