NewsBite

Scams

Advertisement
Banks have called out Facebook’s parent company Meta, founded by Mark Zuckerberg, for shunning its responsibility in fighting scams.

‘Enough is enough’: Banks ramp up attack on tech giants over scams

Australian banks have called out Meta for enabling scammers to use its social media platforms to lure victims and facilitate money laundering.

  • Sumeyya Ilanbey

Latest

Financial Services minister Stephen Jones has committed to make bank, telcos and online operators liable for scam losses.

Tech giants claim banks should be on the hook for scam refunds

Tech giants and banks are at loggerheads over planned anti-scam laws, which could result in hefty fines for banks, mobile networks and social media firms.

  • Sumeyya Ilanbey
An illustration of scam victim Jane.

Broke, desperate jobseekers are falling for ‘gold mine’ employment scams in droves

Fraudsters stole the name and branding of an international digital marketing firm to offer people bogus jobs via WhatsApp – and then fleeced them of their money.

  • Aisha Dow
Banks can detect suspicious transactions from information such as how frequently a user is touching their screen.

Banks are tracking your every click. It could save you thousands

As banks fight back against scammers, changes as minor as how you move a mouse on a computer screen can be a clue to a suspicious transaction.

  • Clancy Yeates
One of the Google scam ads featuring a fake image of Prime Minister Anthony Albanese that ran in late November.

Why scammers target the holiday period to launch disturbing Google ad attacks

Attention-grabbing images of bruised and battered celebrities, including Prime Minister Anthony Albanese, are being used to funnel millions of people to bogus investment sites.

  • Aisha Dow
HSBC Bank Australia, the Australian subsidiary of HSBC in ASIC crosshairs.

Scam strike on global giant is a warning shot to banks

The regulator’s case against HSBC moves the needle from customer beware further towards bank beware.

  • Elizabeth Knight
Advertisement
HSBC Bank Australia, its Australian subsidiary of HSBC, posted a profit of $409.8 million in 2023.

HSBC knew customers were being scammed but didn’t help even as fraud surged: ASIC

Australia’s corporate regulator alleges the banking giant failed its customers by taking months to investigate scam reports and freezing customers’ accounts and leaving them without access to their own money.

  • Aisha Dow
iProperty Group CFO Michael Gu in front of the company's property at 333 Kent St, Sydney. Inset: Fortius Funds Management owns 59 Goulburn Street, Sydney.

This fraudster was a VIP at Crown and Star. Now the casinos face a $70 million lawsuit

When one of Australia’s biggest Ponzi schemes collapsed, the money trail led to the casinos. Now Crown and Star could face a courtroom showdown with dudded investors.

  • Carla Jaeger and Sherryn Groch
A mother accused of faking her six-year-old son’s cancer diagnosis will spend Christmas behind bars after being refused bail.

Christmas behind bars for mum accused of faking son’s cancer

The six-year-old’s mother and father allegedly shaved his head and eyebrows and placed him in a wheelchair to raise $60,000 for bogus treatment.

  • Abe Maddison
<p>

Going the full shepherd

And is Albo at breaking point?

Original URL: https://www.smh.com.au/topic/scams-61k