For many, tax time is an exciting part of the year – there’s the potential for a refund. However, it’s also an attractive time for fraudsters looking for ways to get money and deceive unsuspecting victims.
Each year Australians lose large amounts of money to scams. In 2023, Australians reported losses of more than A$2.7 billion. While this is a slight reduction from the $3.1 billion in 2022, there are still millions of victims who’ve suffered at the hands of scammers.
Impersonation scams are one common approach. Scamwatch reports that in 2023, 70% of reports to them involved impersonation.
