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Australians lost $340 million to scammers in 2017

Australians lost more money to scammers in 2017 than in any other year since the ACCC began reporting on scam activity.According to the ACCC’s ninth annual Targeting scams report released today, more than 200,000 scam reports were submitted to the ACCC, Australian Cybercrime Online Reporting Network (ACORN) and other federal and state-based government agencies

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Beware of scammers impersonating energy and telecommunications companies

The ACCC is warning consumers to beware of scammers impersonating energy and telecommunications providers and demanding payments.Scamwatch has received 5000 reports of fake billing scams in the last 12 months, with reported losses of close to $8000.“The scammers typically impersonate well known companies such as Origin, AGL, Telstra and Optus

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Telstra misled customers over premium billing charges

The ACCC has today commenced proceedings against Telstra, alleging that it made false or misleading representations to consumers in relation to its third-party billing service known as “Premium Direct Billing” (PDB).Related: Telstra to pay $10 million for misleading premium billing charge representationsTelstra has admitted that it made these representations and agreed

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