Watch FIFA World Cup 2026™ LIVE, FREE and EXCLUSIVE

How not to lose a fortune: combating the scammers

Australians lose millions of dollars to scammers every year

Australians lose millions of dollars to scammers every year Source: Getty / Kanok Sulaiman

SBS News In Depth
View Podcast Series
Download the SBS Audio appAvailable on iOS and Android

The federal government has assembled a taskforce of experts who will target investment swindlers under the National Anti-Scams Centre. Officials say people in Australia are losing millions of dollars through investment scams every year.

Listen to Australian and world news, and follow trending topics with SBS News Podcasts.

Share

Latest podcast episodes

A woman sells candles during a power outage in Havana, Cuba (AAP)
OTM - BHP (AAP).jpg
Inside SBS's Artarmon HQ in Sydney (SBS).jpg
Top US counter-terrorism official Joe Kent quits, unable to support war in Iran (AAP)

Recommended for you

A hand holding a petrol pump
A person's arm reaches toward a row of four fuel pump nozzles labeled E10, 95, 98, and Diesel at a gas station.
A composite image divided into two main sections. On the left, a cutout of Donald Trump and Benjamin Netanyahu shaking hands is layered over a background showing a poster of Netanyahu being burned. In the burning poster, text is partially visible, including the word “TERRORIST.“ On the right, a large Iranian flag flies prominently on a flagpole overlooking a dense, hazy urban cityscape with light-colored buildings stretching toward distant mountains. The two sides of the image are stylistically distinct, contrasting the political alliance of the leaders with the regional opposition and the landscape of Iran.
A composite image shows mostly empty grocery store refrigerator shelves with a customer notice stating that increased demand has caused supply shortages for some yoghurt products.
Several travellers are seen milling about in an dimly lit airport terminal.
An illustration of an older woman holding a large coin, standing next to an older man, who rests his hand on another oversized coin positioned atop a stack of coins. The couple stands in front of a backdrop of residential buildings
Vladimir Putin speaks to Xi Jinping
Ultrasound scanning of intestines, abdominal cavity, right lobe, liver, bile ducts, gallbladder.

Get SBS News daily and direct to your Inbox

Sign up now for the latest news from Australia and around the world direct to your inbox.

By subscribing, you agree to SBS’s terms of service and privacy policy including receiving email updates from SBS.

Follow SBS News

Download our apps

Listen to our podcasts

Get the latest with our News podcasts on your favourite podcast apps.

Watch on SBS

SBS World News

Take a global view with Australia's most comprehensive world news service

Watch now

Watch the latest news videos from Australia and across the world