Eye-watering amount Aussies lose to scams
Investment scams caused $837.7 million in losses, making up 38% of the $2.18 billion scammed from Australians as government protections remain unimplemented.
6 Articles
6 Articles
Australia’s Scam Losses Hit $2 Billion in 2025
Australia’s consumer watchdog has revealed that Australians lost more than $2 billion (US$1.37 billion) to scams last year. Citing data from the latest Targeting Scams Report (pdf), the Australian Competition and Consumer Commission (ACCC) said authorities received 481,523 scam reports in 2025. Of these, 274,577 involved financial losses totaling $2.18 billion, up 7.8 percent from 2024 but down 29.7 percent from the 2022 peak of $3.1 billion. Th…
Australian National Review - Australia’s Scam Losses Hit $2 Billion in 2025
People take part in the “Gen AI hackathon for public good” program in Paris, France, on Feb. 6, 2025. Ludovic Marin/AFP via Getty Images Australia’s consumer watchdog has revealed that Australians lost more than $2 billion (US$1.37 billion) to scams last year. Citing data from the latest Targeting Scams Report (pdf), the Australian Competition and Consumer Commission (ACCC) said authorities received 481,523 scam reports in 2025. We had a proble…
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