Australian scam losses decline in 2023: gov't report

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Australian scam losses decline in 2023: gov't report

STORY: Australian scam losses decline in 2023: gov't report SHOOTING TIME: April 29, 2024 DATELINE: April 29, 2024 LENGTH: 00:01:02 LOCATION: Canberra CATEGORY: LAW SHOTLIST: 1. various of Australian federal police station 2. various of Australian banks 3. various of fraud messages 4. various of card payments 5. various of city views of Canberra STORYLINE: Australians lost billions of dollars to a record number of reported scams in 2023, government data has revealed. The Australian Competition and Consumer Commission (ACCC) on Monday published its annual Targeting Scams report, revealing Australians reported over 601,000 scams in 2023, a new record and 18.5 percent increase from 2022. Despite an increase in the number of reported scams, reported losses to scams fell from 3.15 billion Australian dollars (2.06 billion U.S. dollars) in 2022 to 2.74 billion AUD (1.79 billion dollars) in 2023, a decline of 13 percent. It marks the first time since 2016 that scam losses have fallen from the previous

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