Yahoo Finance Warning over AMP scam that could cost you thousands
AMP has issued a warning about a new scam text message targeting customers.
AMP customers have been targeted by a new scam text that aims to steal their personal details and money.
AMP said it was aware of the SMS scam making the rounds and warned customers not to fall for the scheme.
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“Please remain vigilant: We’re aware of an active scam targeting AMP Bank customers,” AMP said.
“If you’re concerned that you may have been targeted, please send us a private message or contact us at 13 30 30.”
The text appears to be a legitimate message from the bank and may include a request to speak with a member of the general inquiries team.
Urgent action needed
The latest Targeting Scams report from the Australian Competition and Consumer Commission’s (ACCC) Scamwatch revealed Australians lost a record $3.1 billion to scams in 2022.
This was an 80 per cent increase on total losses recorded in 2021.
The report found investment scams were the highest-loss category ($1.5 billion), followed by remote-access scams ($229 million) and payment-redirection scams ($224 million).
“Australians lost more money to scams than ever before in 2022, but the true cost of scams is much more than a dollar figure as they also cause emotional distress to victims, their families and businesses,” ACCC deputy chair Catriona Lowe said.
“As scammers become increasingly sophisticated in their tactics, it is clear a co-ordinated response across government, law enforcement and the private sector is essential to combat scams more effectively.
“That’s why we continue to lend our expertise and support to prepare for the establishment of the government’s National Anti-Scam Centre, with the ultimate aim of making Australia the hardest target for scammers.”
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