November 15, 2021
Scam/Fraud

Phone scam – Just.Hang.Up. – The Echo

Crime Stoppers says that almost 90 per cent of Australians have received at least one nuisance or unwanted call every week and a further 10 per cent receiving more than ten nuisance or unwanted calls each week, according to a recent consumer survey undertaken by Crime Stoppers (NSW).

Scam activity has a significant social and economic impact on Australians. The Australian Competition and Consumer Commission’s Scamwatch, reports phone calls continue to be the most common way scammers reach consumers with financial losses of $66.8 million reported to Scamwatch between 1 January to 3 October 2021 from 120,279 reports. This represents a 104 per cent increase in losses and an 87 per cent increase in reports.

New ways to trick people

Scammers are finding new ways to trick people into taking their calls. For example, Caller ID spoofing is one such tactic that allows the scammer to disguise their identity. If the scammer is calling from…

Read full article here: www.echo.net.au