Online scams and fraud: Australians lose over $90 million in 2014

According to the Australian Competition and Consumer Commission (ACCC) Australians gave more than $90 million to scammers in 2014, which is a slight increase on the 2013 figures. And while dating and romance scams still make up a large proportion of the fraud being committed, the most complaints to the ACCC are related to advance fee fraud – those scams where you receive a message from someone who needs your help to get money out of a foreign bank account.