

They don’t believe the government can do anything,” he said, adding that people more often than not go to their bank.Īlso alarming to Mr Neely was the increase in social media scams, particularly on Facebook and its marketplace feature. “Most of the people think it’s a waste of time telling the ACCC what’s happened. Sell Securely founder and Director Rob Neely told what was perhaps more alarming about the “crazy” data was that it showed only 20 per cent of people report to the ACCC. More than half of all Australians have been scammed, some more than once. It means, potentially, 6.7 million Australians are going without compensation or support after being scammed. The national survey concluded that although more than 52 per cent of Australians have been scammed, some more than once, two-thirds (66 per cent) of those victims have never reported it. The Australian Competition and Consumer Commission (ACCC) estimates Australians lost more than $3 billion to scammers in 2022, a record high and 80 per cent increase to what was lost in 2021.īut new data commissioned by local start-up Sell Securely has revealed the hidden cost of scams is much higher – closer to $9.3 billion. The 31-year-old is part of a growing group of hidden scam victims falling prey to a new breed of “quick fire marketplace scammers” who, experts say, are targeting well-meaning Australians multiple times every day.Īnd many of them, including Ms Hinson, never report to authorities.

Scammers are targeting buyers and sellers on marketplace sites - like Facebook and Gumtree.
