Aussies already lost $242M to investment and crypto scams in 2022

Aussies already lost $242M to investment and crypto scams in 2022

People over 55 and under 64 years of age represent the largest age bracket who have fallen prey to scams. Australians have continued getting duped by investment and crypto-related scams, losing 242.5 million Australian dollars to scammers so far in 2022, according to Scamwatch’s latest data. From January to July of this year, the majority of all funds lost to scams of all types were investment scams, which range from romance baiting scams to classic Ponzi schemes and cryptocurrency scams.The figure is already 36% higher than the figures across all of 2021, which revealed that Australians....


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