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During this year’s National Consumer Fraud Week (15 - 19 May), Scamwatch is providing advice to Australians to help them ‘spot social media scams’.
Increasing numbers of Australians are encountering—and losing money to—scams on social media. If you use social media, we encourage you to be particularly alert for dating and romance scams and fake trader scams. These scammers abuse the trust of social media users by pretending to be real people looking for love or legitimate retailers, creating emotional distress for their victims and financial losses that are usually impossible to recover.