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Alarming spike in COVID scams as Australian bank accounts targeted | #coronavirus | #scams | #covid19


Australia’s consumer watchdog says identity theft has dramatically increased during COVID-19.

“During the COVID-19 pandemic, with more people working and socialising online, we have unfortunately seen a sharp increase in scammers seeking personal information,” Australian Competition and Consumer Commission Deputy Chair Delia Rickard said in a statement on Monday.

Once a scammer has that information, they can access bank accounts or superannuation, take out loans in someone else’s name or impersonate them on social media to try to get money from family and friends.

Scamwatch has received 24,000 reports of stolen personal information this year – an increase of 55 per cent compared with the same time last year.

Australians reported losing more than $22 million to scammers who also stole their personal information and people aged 25 to 34 reported losing personal information more than any other age group.



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