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AAP
AAP
Adrian Black

Fast-evolving online scams fleece millions from Aussies

ING Matt Bowen Susie Dodds Artificial Intelligence
There is an increasing prevalence of investment and crypto scams targeting Australians. (Susie Dodds/AAP PHOTOS)

Aussies have lost hundreds of millions of dollars to scammers in 2026, with swindle tactics becoming trickier despite a drop in reported activity.

Cybercriminals have cheated Australians out of $186.9 million so far in 2026, down from almost $210 million at the same time in 2025, according to Scamwatch.

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