ACCC has updated that Australians have lost ~ $300,000 to puppy scams in 2020. The scammers during 2020, targeted especially those looking for a furry companion during social isolation.
Scamwatch noted a recent rise in the puppy scams and in April reports, the scam was five times above the average.
ACCC highlighted that the scammers set up fake websites or ads on online classifieds and social media and pretend to sell sought-after dog breeds & will take advantage of the fact that people cannot travel to meet the puppy in person. These scammers then ask for payment via money transfer for the pet and they would transport it to you. Once the initial payment is done, they ask for more money claiming them higher transportation cost amid COVID-19 pandemic.
There is no investor left unperturbed with the ongoing trade conflicts between US-China and the devastating bushfire in Australia.
Are you wondering if the year 2020 might not have taken the right start? Dividend stocks could be the answer to that question.
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