Christmas Scam 2024. Christmas is a time of opportunity for scammers. Losses totaled $2.9 billion, with the average loss reported as $174,000.
The commonwealth bank is urging people to increase their scam awareness after its research found nine out of 10 people are confident they can spot a fake sms or email,. When you talk with friends and family over the holidays, you may hear about new puppies, old sports rivalries, and dreams of the next vacation.