ASIC SUED HSBC Over $23 Million Scam
In 2022, Australians lost a staggering $3.1 billion to scams, with banking-related fraud accounting for approximately $425 million of these losses. According to the ACCC’s Scamwatch, there was a 188% increase in bank impersonation scams between 2021 and 2022, with major banks like HSBC increasingly under scrutiny for their role in protecting customers. The Australian … Read more