Australian Competition and Consumer Commission or ACCC’s body Scamwatch issues the latest data, and it is about schemes. The data display declines as a result of investment fraud of more than $10 million. This fraud took place in the first three months of this year.
The characters suffering the biggest losses are mostly from 55 to 64 years of age. As per reports, most productive people to report scam spans between 25 to 34 years of age. Australians reported over $10 million loss as a result of investment fraud with 1073 reports.
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