Tag: ACCC

Scam losses decline, but more work to do as Australians lose $2.7 billion

The National Anti-Scam Centre’s collaborative efforts across government, law enforcement, consumer organisations and industry have boosted the community’s fight against financial crime, as the latest Targeting Scams report reveals a 13.1 per cent decline in reported losses to $2.74 billion in 2023. The report compiles data reported to Scamwatch, ReportCyber, the Australian Financial Crimes Exchange […]

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Anti-Scam Centre launches first ‘fusion cell’

The new National Anti-Scam Centre has launched its first so-called “fusion cell”, pulling together experts from regulators and industry to work on identifying ways of disrupting investment scams. The Australian Competition and Consumer Commission, which operates the centre, announced yesterday that representatives from the ACCC, ASIC, banks, telcos and digital platforms will work on the […]

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