Online scams cost Australians $250 million

The ACCC has released new data showing over 60,000 reports of online scams in the first three months of the year, resulting in $250 million in losses for Australians. Fake websites, scam advertisements, and fraudulent social media messages account for approximately 50% of reported incidents. With tax time and end of financial year approaching, experts warn Australians to remain vigilant and never share passwords or verification SMS messages from government agencies or banks.See omnystudio.com/listener for privacy information.