Australians lost $334,831,647.50 to scams last year, with investment scams responsible for the biggest losses. The Australian ...
While the number of reported fraud cases is down, Australians lost 28% more money to online scams in the first four months of the year, compared to the same period in 2024. See Also: Small Business.
Australian authorities exposed a crypto crime organization that allegedly laundered $123 million. Four suspects are charged in connection with the scheme. The discovery is the outcome of an 18-month ...
Among the arsenal of threats cyber criminals keep locked and ready to use on unwilling victims, fresh research has revealed that scams remain the number one cyber threat.
Australia’s national financial intelligence agency has rolled out new operating rules and transaction limits for crypto ATM operators, as federal police say scams through the kiosks are on the rise.
Digital scams cost Australians millions of dollars each year - and they’re becoming more convincing than ever. From SMS ...
Australia introduced the world to the first-ever scam prevention law that promised to make the country the hardest place on earth for fraudsters. Eight months later, it's trapped in bureaucratic limbo ...
Australian authorities have intensified efforts to combat crypto scammers impersonating Binance, the world's largest cryptocurrency exchange by trading volume. The Australian Federal Police (AFP), ...
One of the victims identified in the police operation said she carried around $13,000 in cash at one point to send Bitcoin to scammers via crypto ATMs. Australian federal police said it has contacted ...
I am a Justice of Peace in Western Australia. The federal government is stepping up its fight against scams, which last year cost Australians more than A$2.7 billion. On Friday, the federal treasury ...
In response to the growing threat of financial scams, the Australian Government has passed the Scams Prevention Framework Bill 2025. The Scams Prevention Framework (SPF) imposes a range of obligations ...
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