Financial scams are rife these days. Just look at the official complaint figures … You may not be aware that there is The Australian Financial Complaints Authority (AFCA) with an Ombudsman that tries to follow through with consumer complaints about the financial sector. In the last financial year disputes reaching the Ombudsman service rose a… Read more »
Financial scams are getting worse, not better. It has to stop. You know how passionate I am about the plague of financial scams conning ordinary Aussies today… and particularly those which illegally use my photo and fictitious comments from me to lure people into their scams. All I can do is report these scams on… Read more »
Fraudulent investment scams reported to Scamwatch have cost Australians over $70 million in the first half of this year, reports the ACCC. Here’s what you can do to avoid falling victim. That’s a massive 53.4 per cent increase in reports about investment scams received by Scamwatch this time last year. Projected losses are set to… Read more »
The growing problem of phone scams is expected to cost Australians more $500 million this year, to the government and regulators are moving to block popular ones and push telcos to ramp up efforts to combat them. The Australian Communications and Media Authority (ACMA) has been reviewing the problem for 18 months and this week… Read more »
