Australians lost a record amount of more than $2 billion to scams in 2021, despite government, law enforcement, and the private sector disrupting more scam activity than ever before, the ACCC’s latest Targeting Scams report reveals.

Evidence to this inquiry largely focused on the impact and/or the benefits of extending the existing AML/CTF regime to DNFBPs that are not already subject to regulation of this nature. As such, this report largely focuses on this issue, but also canvasses other aspects of reform proposed in the course of the inquiry to improve...

This Royal Commission was established following the findings of the Bergin Inquiry. The Commission has found that Crown is unsuitable to hold a casino licence on the basis that it has engaged in conduct that is “illegal, dishonest, unethical and exploitative”.

The report compiles data from Scamwatch, ReportCyber, other government agencies and 10 banks and financial intermediaries, and is based on more than 444,000 reports.

The findings from this inquiry have cast real doubt upon Crown Resorts' suitability to hold a gaming licence in New South Wales. It remains to be seen how the Victorian and Western Australian governments will react, given that Crown currently operates casinos in both states.