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Online financial fraud is on the rise in Australia: Explainer April 30

Online scams

Photo credit should read: Tim Goode/PA Wire Credit: PA/Alamy

The number of financial scams targeting Australians over the internet has risen to a record high. Because of this, the amount of money that falls into the hands of scammers is billions of dollars. The Australian Consumer Commission points out that the main targets of these scammers are elderly people living in Australia and immigrants of different nationalities.Listen to SBS explainer for more information.


Published

By Claudia Farhart

Presented by Dinesh Liyanage

Source: SBS




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The number of financial scams targeting Australians over the internet has risen to a record high. Because of this, the amount of money that falls into the hands of scammers is billions of dollars. The Australian Consumer Commission points out that the main targets of these scammers are elderly people living in Australia and immigrants of different nationalities.Listen to SBS explainer for more information.



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