Australians lost $334.4 million to scams in 2025, according to the latest ACCC Scamwatch data – a slight increase from 2024.
Investment scams remain the most damaging at $172 million, followed by phishing and romance scams. People aged 65+ lost almost $89 million, the highest of any age group.
Key tactic: creating urgency and using AI to make scams more convincing.
Always pause and verify before transferring money or sharing details. Report suspicions to Scamwatch immediately.

#scams #australia #scamwatch #staysafe

https://www.sbs.com.au/news/article/how-over-330-million-was-taken-from-australians-in-a-year-and-the-tactics-behind-it/atu595hkx