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Xmas Scams Beckon Black Friday

Australians have already lost more money to online shopping scams in 2019 than in the entire previous year, and Scamwatch is warning people to be cautious of online shopping scams in the lead up to the holiday season.

So far in 2019, reported losses from online shopping scams are over $4 million, well in excess of the 2018 total figure of $3.28 million.

“Scammers often try to take advantage of people doing their Christmas shopping including in the upcoming Black Friday and Cyber Monday sales,” ACCC deputy chair Delia Rickard said.

“Reported losses have tripled over the last three years and it is concerning that losses from this year are already so high.”

“Some of the most commonly reported products that scammers are attempting to sell this year are shoes, smartphones and tickets to events, with losses from these items so far exceeding half a million dollars,” Rickard said.

“Warning signs for online shopping scams include extremely low advertised prices and requests to pay through direct bank transfer or cryptocurrency.”

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