301,778 scams were reported over the last 12 months to December 2023
Fewer than 3% of scams reported to Scamwatch were investment scams – yet at $292 million, they accounted for 61% of all reported losses.
Fewer than 3% of scams reported to Scamwatch were investment scams – yet at $292 million, they accounted for 61% of all reported losses.