Aussies Targeted for Crypto Scams as “Easy Prey”

  • A shocking ABC report has unveiled that Australians are often targeted by overseas crypto scammers due to the resident’s wealth and trusting nature.
  • Additionally, scammers believe that the AFP is less likely to go after international criminals, a perception local authorities are looking to change.
  • All up, Aussies lost approximately AU $300m to investment scams in 2023, with 47% of them involving cryptocurrency.

An in-depth ABC report on crypto scams has revealed that Aussies are targeted by malicious call centres due to their higher average income and trusting nature. 

In addition, the Australian Federal Police and associated anti-cybercrime bodies are viewed as less willing to combat international…

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