As the financial year draws to a close in Australia, it’s essential to remain vigilant against scammers who often exploit this time of the year to target us. These fraudsters employ various tactics, such as email and SMS phishing, to deceive people into divulging sensitive financial information or making fraudulent payments.
As more seniors use technology to shop and sell goods online, it’s important to be aware of the potential for scams. One scam that has recently emerged on Facebook Marketplace is the use of PayID for payment.
PayID is a digital payment system used in Australia, which allows users to link their bank account to a unique identifier such as their phone number or email address. Scammers have been taking advantage of this system by asking buyers to pay through PayID, instead of the usual payment methods such as PayPal or bank transfer.
The Christmas and New Year Period is an opportunistic scammer’s ideal hunting ground, don’t be their prey! Keep talking about some of the potential scams and how to spot them with your members, family and friends!
Last month I wrote about investment schemes. This month it’s all about love!
Have you received calls from all over the world, or SMSs that left you wondering if it was legitimate or not?
May Day, May Day, scams ahoy!
The world is crazy at the moment. With war in Russia, China making (another) play for Taiwan, Covid slowing and then ramping up voraciously and floods decimating our eastern starboard it is crazy times.
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