So far in 2020 investment scams top the list once again in Australia with over $20.65 million in losses already reported.
Interesting, investment scams have a low rate of reporting to the authorities considering the massive losses. It is likely this is mostly due to a sense of embarrassment at being duped by the fraudster/scammer.
Source: ACCC, ScamWatch
For more information on investment scams, what to look for and how to ensure it doesn’t happen to you please click here or the button below for more information.
Founder, Owner and Lead Behavioural Investigator – Mind Hush Group.