Scam losses in Australia surged in the first months of
2025, reaching nearly $119 million despite a drop in scam reports. Investment
fraud remains a major cause, accounting for more than half of the total losses.
Meanwhile, phishing and social media scams continue to
evolve, exploiting digital channels to target victims across all age groups.Scam Reports Fall but Financial Losses ClimbAccording to the Australian National Anti-Scam Centre
and data from Scamwatch…
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