The Australian government has warned that scammers could rob Australians of $4 billion (US$2.57 billion) in 2022, which is nearly twice the amount of losses reported in the previous year.
On Nov. 7, Financial Services Minister Stephen Jones announced that the Labor government would establish a new anti-scam centre inside the Australian Consumer and Competition Commission (ACCC) to fulfil its election promise.
In addition, The minister said the government would introduce new industry codes as well as changes to outdated privacy laws.
He also acknowledged the impacts of scams on people’s daily lives and said more would be done to tackle the issue….
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