‘Disgusted’: Bank’s 40c ‘joke’ to customer
The Queenslander thought it was strange she couldn’t log into her bank account. Then she realised it was the result of scammers.
Bank Scams
Scammers have been given a front door to people’s life savings through complacent social media platforms, such as Meta, and telcos.
Latest figures show Aussies had $2.7 billion stolen from them in one year alone.
A news.com.au special investigation has found in most cases the scammers could have been stopped.
The federal government’s proposed Scam Prevention Framework does not go far enough. Scam victims will remain out of pocket and unprotected, and in many cases left devastated.
One of the major issues for Australians is that obligations for refunds are ambiguous and inconsistent across the financial sector.
In October 2024, the UK introduced world-leading legislation making it mandatory for banks to compensate scam victims within five business days except in cases of gross negligence.
Consumer advocates, financial support organisations and some political leaders say it is time the same legislation was introduced here to put people before profit.
21yo who works full-time as a scammer
Scammers are seen as faceless, evil people who make Aussie lives a living hell. We decided to track down a scammer, and this is why he does it. Listen to the call.
Text message that left Aussie ‘disgusted’
An Aussie man has been left “disgusted” after a text message he thought would help him resulted in a devastating outcome.
‘Idiots!’: Bank’s brutal decision slammed
At the moment heartbroken Australians need their bank the most, a devastating reality is forced upon them – and people have had enough.
Leaked texts reveal chilling issue
An Aussie woman was left terrified when her phone kept ringing and text messages wouldn’t stop – and the reason was chilling.
Sydney streets hide a disgusting secret
When you lose money to a scam, most of it disappears into a black hole. But some of it has been traced and it’s truly chilling where it ends up.
Why Australia is a global laughing stock
It is a scourge costing Australians billions of dollars a year. A news.com.au investigation has found in most cases scammers could have been stopped.
‘It could happen to you, and probably is’
Tragedy has struck one Victorian family far too many times. But another heartbreaking blow has left this grandfather in tears daily.
Staggering twist as scammer sues victim
Fed up with police, this scam victim tried to take matters into her own hands. But that’s when the real nightmare began.
8-minute scam destroys Aussie family
They went to bed believing they had saved their money. Instead, the scammers had all the time they needed.
Original URL: https://www.news.com.au/topics/bank-scams/page/2