Making money quickly can’t be that easy right? But being scammed is becoming increasingly common. So, despite what the headline here suggests, this isn’t a story with tips to help you get rich.
Over the past year alone ANZ has seen a 22 per cent increase in scam volumes and this is likely to rise over the Christmas and holiday period.
" While many people start to wind down for the festive season scammers will be working around the clock, taking advantage of busy schedules, increased online shopping and travel plans."
Here are three common scams we’re seeing right now and what to watch out for.
1. The bank impersonation scam
This type of scam is becoming more prevalent and starts as a call or text from someone from a bank, say ‘ANZ’.
2. The cryptocurrency investment scam
This is the most common scam type we’re seeing at the moment in terms of volume and value.
3. The Hey Mum or Hey Dad scam
These scams have become increasingly common in the past six months with Mums and Dads each losing thousands of dollars.
The best way to protect yourself from being caught out by a scam is knowing the warning signs and thinking before you act.
Stay cyber-safe this festive season
More tips on staying cyber safe over the holidays
Marc Broome and Ruth Talalla are from ANZ’s Fraud Prevention team
The views and opinions expressed in this communication are those of the author and may not necessarily state or reflect those of ANZ.
12 Oct 2022