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According to information on CommInsure’s website “one in every 20 Australians” are estimated to have been caught by scams. It is also estimated that “around two-thirds of consumer fraud now occurs online”.

Commonwealth Bank Group has thus joined forces with the Australian Bankers’ Association to help stop online fraud by taking part in an industry campaign called Fraud Week.

Fraud Week runs from 1 to 7 March and focuses on raising awareness of online consumer fraud such as scams and hoax emails. Fraud Week is coordinated by the Australasian Consumer Fraud Taskforce, which is a group of 21 Australian and New Zealand government agencies.

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Tags: Australian Banker's Association, Comminsure, consumer fraud, Fraud Week

This entry was posted on Thursday, March 4th, 2010 at 4:50 am and is filed under Insurance News. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.