Credit Fraud Hits more than 1.5M Australians

The Australian Bureau of Statistics says 1.6 million Australians experienced some sort of personal fraud last financial year. Image: Credit card fraud hits 1.6 million Australians (AAP)

That marks an increase of nearly 7 per cent since 2010.

 

As this report explains, it is costing a total of $3 billion, with two- thirds of that relating to card fraud.