Scammers have taken to using dating apps and cryptocurrencies to lure victims into phony investment schemes in Australia, part of a record-breaking year for scams. Australia’s consumer regulator today issued a warning about “romance baiting” following $37 million dollars being reported lost to Scamwatch, its website for scam reporting and

Australians reported 23.1 per cent more scams in 2020, losing $176.1 million dollars. Phishing remains the most popular type of attack, which experts say is because of its low effort and potentially high return for scammers. People are being urged to remain vigilant and not click on suspicious links or