The video below from 60 Minutes Australia describes the current state of fraud in Australia. Date: 2 Jul 2023.
“Is there a meaningful solution to stopping scammers and financial fraud” — Falling victim to a scammer is an awful feeling. It’s not only the theft of money or personal information that stings, the thought of being tricked by lowlife crooks is enough to enrage anyone. Statistics show more than 95 per cent of Australians are exposed to telephone, text and internet scams each year. Even more alarming is the amount of money these thieves are stealing from us. Last year it exceeded three billion dollars. [Source]