Reported loss from scams in Australia 2023, by payment method

Published by
Christopher Hughes,
May 14, 2024

In 2023, the two most common payment methods used by scammers in Australia were bank transaction and cryptocurrency. Australia reported losses of around 212.9 million Australian dollars from scams, with payments via bank transfer, while scam transactions with cryptocurrency exceeded 171 million Australian dollars.

Reported financial loss from scams in Australia in 2023, by payment method (in million Australian dollars)

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Release date

April 2024

Region

Australia

Survey time period

2023

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