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ACCC Targeting Scams report: Aussies conned out of $851m during Covid – PerthNow

These scams have conned unsuspecting Aussies out of a ridiculous amount of money during 2020 as the COVID pandemic hit hard.

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Aussies were conned out of a record $851 million in 2020 as scammers took advantage of the COVID pandemic to prey on unsuspecting people during the crisis.
Investment scams topped the list, with $328m lost more than a third of total losses.
Romance scams came in next, with lonely hearts duped out of $131m.
Others were swindled by payment redirection scams, which resulted in $128m of losses, according to the Australian Competition and Consumer Commission (ACCC) Targeting Scams report released on…

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