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Australians urged to be vigilant amid spike in superannuation coronavirus scams

scam

The Australian Competition and Consumer Commission says it has received nearly 90 reports of superannuation-related scams in recent weeks.


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By Charlotte Lam, Sophia Hong

Presented by Sophia Hong, Justin Sungil Park

Source: SBS




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The Australian Competition and Consumer Commission says it has received nearly 90 reports of superannuation-related scams in recent weeks.


Australia's competition watchdog says scammers are already trying to exploit the federal government's move to allow people in financial hardship as a result of the coronavirus crisis partial access to their superannuation from mid-April.

The Australian Competition and Consumer Commission says it has received 87 reports of superannuation-specific scams since the government's announcement on 22 March.

Read the full article in English here.


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