Fraudsters change tactics as a crackdown cuts some losses due to online scams

Cross, Cassandra (2016) Fraudsters change tactics as a crackdown cuts some losses due to online scams. The Conversation, March(1).

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The amount of financial loss from online fraud suffered by people in Western Australia has almost halved, dropping from A$16.8 million in 2014 to A$9.8 million for 2015, according to a statement this January from the state’s Attorney General and Minister for Commerce, Michael Mischin.

In addition, the minister noted that losses from relationship and dating fraud have fallen by 55%, to A$4.9 million lost last year.

These are both impressive claims, and at face value, there is truth to the statistics. Both assertions are based on data received by WA’s Scamnet, which is the public interface between consumer protection and citizens.

While it is good to see a reduction in the number of losses overall, particularly to relationship and dating fraud, it is highly unlikely that the statistics tell the full story.

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ID Code: 93896
Item Type: Journal Article
Refereed: Yes
Keywords: fraud, scams, online fraud, policing, cybercrime
Divisions: Current > Research Centres > Crime & Justice Research Centre
Current > QUT Faculties and Divisions > Faculty of Law
Current > Schools > School of Justice
Deposited On: 15 Mar 2016 23:47
Last Modified: 17 Mar 2016 04:24

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