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AAP
AAP
Politics
Kat Wong

Telcos, social media, banks targeted in war on scams

Australia could become a more difficult target for scammers as the government attempts to reform sectors most caught up in the activity.

Australians lost $3.1 billion to scammers in 2022, after almost two-thirds of the population were exposed to a scam attempt.

More than half of scams originate from text messages or phone calls, while investment scams run rife on sites like Facebook and Instagram.

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