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The New Daily
The New Daily
John McCarthy

Scams cost Aussies $3 billion last year, with calls for co-ordinated response to scourge

10 News First – Disclaimer

Scams cost the Australian community $3 billion last year with investment-related scams causing the greatest loss, according to the Australian Competition and Consumer Commission.

About half of all the funds lost went through investment schemes followed by remote access schemes, which occur when a person is contacted and convinced to allow access to their computer.

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