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'500 a week': Uptick in scammers targeting vulnerable people's super
A shocking superannuation scam has cost a Queensland woman $406,000.
The 74-year-old had six unauthorised withdrawals taken from her account and it took AustralianSuper nearly a week to act, even after the woman raised the alarm.
Detective Superintendent Craig McGrath from the Queensland Police Financial and Cyber Crime Group told Peter Fegan on 4BC Breakfast, "Well, last year, we had 25 and a half thousand [scams]."
"It works out to about 500 a week and the average loss is about 14,000, so it's an enormous amount."
"Aside from the financial part, the impact, as you can imagine, the impact on people's lives, their mental stress, their relationships, all that sort of is enormous," Superintendent McGrath said.
See omnystudio.com/listener for privacy information.
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By 4BCA shocking superannuation scam has cost a Queensland woman $406,000.
The 74-year-old had six unauthorised withdrawals taken from her account and it took AustralianSuper nearly a week to act, even after the woman raised the alarm.
Detective Superintendent Craig McGrath from the Queensland Police Financial and Cyber Crime Group told Peter Fegan on 4BC Breakfast, "Well, last year, we had 25 and a half thousand [scams]."
"It works out to about 500 a week and the average loss is about 14,000, so it's an enormous amount."
"Aside from the financial part, the impact, as you can imagine, the impact on people's lives, their mental stress, their relationships, all that sort of is enormous," Superintendent McGrath said.
See omnystudio.com/listener for privacy information.