The ACCC has released new data showing over 60,000 reports of online scams in the first three months of the year, resulting in $250 million in losses for Australians. Fake websites, scam advertisements, and fraudulent social media messages account for approximately 50% of reported incidents. With tax time and end of financial year approaching, experts warn Australians to remain vigilant and never share passwords or verification SMS messages from government agencies or banks.

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