Previously Panda in the article Exchange rate back to 4.8?! mentioned that the Australian dollar exchange rate trend is good, but also reached the highest level in October!

 

Last week, the Australian dollar after many consecutive days of gains, suddenly plummeted, once fell to 4.66!

 

Adding insult to injury, the scams have escalated in recent times, making it difficult to defend against them!

 

15 million people have been scammed to the tune of $236 million!

 

With the number of fake text messages exploding, scammers have contacted more than 2/3 of Australia's cell phone users, as many as 15 million people.

 

The majority of recipients have not reported the scams and only 19% have notified their operators that they have received a scam message. Figures show that Australians will lose more than $236 million to scams in 2021 alone.

 

The most common type of SMS scam by far is the Flubot scam, in which cybercriminals trick recipients by posing as legitimate businesses, claiming that they have missed a call, a package, or a voicemail.

 

Once the link provided in the fake SMS is downloaded, the user's device may be infected with malware. In severe cases, the malware can allow fraudsters to obtain device passwords and personal identification codes (including those used for bank accounts).

 

 

Pet scam, 10,000 AUD down the drain in a week!

 

Chinese living in Sydney Ms. Huang (a pseudonym) is also caught in the scam one of the members of the October this year, she purchased through the Internet preferred pet dog, but unexpectedly fell into the scam, step by step, ended up lost both her money and pet.

 

In October, Ms. Huang in the “King Charles Spaniel home” website to buy a puppy, and the seller email communication, both sides to $ 2250 deal, the seller promised October 16th delivery.

 

Before the 16th, the transportation company repeatedly asked Ms. Huang to transfer money on the grounds that she needed to buy an electronic cage to transport the dog, and to pay for the dog's insurance.

 

By this time, Ms. Wong had already transferred as much as 9,050 AUD to the company for the dog. This was not the end of the story, but the transportation company asked for money again on the grounds that the dog needed a “blood pressure vaccination”.

 

This time, Ms. Wong, who had already paid nearly 10,000AUD, came to her senses and chose to call the police. After that, Ms. Huang tried to contact the seller and the transport company, the other party “do not answer the phone, do not reply”.

 

For the nearly 10,000 AUD that has already been transferred, Ms. Huang has no way of regretting it.

 

Panda reminds the Chinese in Australia to be alert to this kind of pet scam, looking for regular well-known breeding points and the best face to face, to avoid being cheated leading to economic losses.

 

 

Listen to one more word! 900,000 dollars is gone!

 

Home in Melbourne, a pair of seventy-year-old Australian couple, just as they drove a caravan traveling around Australia, suddenly a bad news came, all their life savings, nearly $900,000 in superannuation! All turned into a bubble!

 

It turns out that a few months ago, they learned about crypto-electronic currency investment from the Internet, through the introduction of the website, they saw all the legitimate investment projects, they put part of the pension into it.

 

At the beginning of the period, both of them invested money to reap a very high return, so they decided to invest all the money on hand to this site, the results of the bad news, they were scammed!

 

This fraudulent website attracts investors to step into the abyss of fraud by using fake and seemingly legitimate programs with high return rates!

 

Because of the high incidence of fraud, the Australian Federal Police urgently issued a notice to remind all Chinese and international students in Australia that there have been a lot of fraud cases targeting Chinese people recently, and that they must pay attention to be careful and beware of being cheated!

 

It is no coincidence that the next door of New Zealand is also a high incidence of fraud!

 

 

Still using Weixin for foreign exchange? You might go to jail for 7 years!

 

Year after year, people say pay attention to the scammers who exchange foreign currency, and year after year, people are cheated.

 

Many Chinese people are greedy for convenience and often exchange foreign currency with people they don't know on Weixin. But police officers specializing in online financial cases warn against exchanging foreign currency through Weixin.

 

On the one hand, there are a lot of people in the name of exchange of foreign exchange, in Weixin fraud money, your money transferred, but his money is not transferred, even if the police can not do anything, basically the money transferred is not recoverable.

 

On the other hand, because you don't know where the other person's money is coming from, your behavior of exchanging money is likely to become money laundering behavior. Money laundering in New Zealand is a felony, once found, will be sentenced to seven years in prison!

 

For online exchange of foreign currency and micro-credit exchange of foreign currency, the police advice is: “If you don't know the person, you can't trust him.”

 

Panda would also like to add that even if you know the person, it is best not to trust him completely!

 

 

For the escalating means of fraud, Panda reminds everyone:

 

Unknown links do not click, received a text message more confirmation, unfamiliar callers do not trust, personal information does not leak, transfer remittances to be cautious!

 

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