The Australian Competition and Consumer Commission’s (ACCC) latest Targeting Scams Report for 2012 noted a 65 percent increase in online shopping scams in Australia. The figures show that consumers in this Pacific nation lost $93 million to illegal activity during this time period.
“The average amount that people are losing is somewhere between about $100 and $500 – not insignificant amounts,” Deila Rickard, the ACCC’s deputy chair, told ABC. “About 32 percent of people who lost money, lost in the range of that.”
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However, not all online shopping scams took place online. The researchers found that more than half of all scams took place through voice or text message.
Read the full report here.
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