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More than $1m lost by punters lured by scammers using Google, Facebook

More than $1m lost by punters lured by scammers using Google, Facebook

Shipping containers may not sound sexy, but fraudsters are taking advantage of global supply shortages and rocketing prices.

Matthew Chisholm and Steve Byrnes from Container Traders in Newcastle are working with the industry and victims to raise awareness of the scammers. Darren Pateman

Max MasonSenior reporter
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Sophisticated scam artists are setting up fraudulent websites and promoting them through Google and Facebook to appear above legitimate businesses and dupe unsuspecting punters into paying thousands for shipping containers that never turn up.

Problems with global supply chains created by the COVID-19 pandemic have sent container prices skyrocketing, and lockdowns across NSW and other states in July have meant many people can’t get out to see products they’re hoping to buy.

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Max Mason
Max MasonSenior reporterMax Mason covers insolvency, courts, regulation, financial crime, cybercrime and corporate wrongdoing. A Walkley Award winner, Max's journalism has also received awards from the National Press Club of Australia, the Kennedy Awards and Citibank. Message Max on Signal https://tinyurl.com/MaxMason Connect with Max on Twitter. Email Max at max.mason@afr.com

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Original URL: https://www.afr.com/companies/manufacturing/more-than-1m-lost-by-punters-lured-by-scammers-using-google-facebook-20210802-p58f78