Dear Australian Competition and Consumer Commission,

Under the Freedom of Information Act, I would like to request the number of reports of forex (foreign exchange) scams received by the ACCC in each of the last five years (from 2016 onwards).

If possible, I would also like to know the total value lost by victims in each of these years too.

Yours faithfully,
Jamie Dixon

FOI, Australian Competition and Consumer Commission

You have contacted the ACCC's Freedom of Information Unit. If you are
contacting us about an ACCC FOI request we will respond in due course.

 

To make a complaint please contact the ACCC’s Infocentre via the online
[1]complaint form or by calling 1300 302 502.

 

To report a scam to the ACCC please do so via the [2]report a scam web
form on the ScamWatch website or by calling 1300 302 502.

 

 

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References

Visible links
1. https://www.accc.gov.au/contact-us/conta...
2. https://www.scamwatch.gov.au/report-a-scam
3. http://www.accc.gov.au/

FOI, Australian Competition and Consumer Commission

OFFICIAL

 

Dear Mr Dixon,

 

Thank you for your request.

 

The ACCC holds documents relating to scams and there is a range of
publicly available information regarding investment scams more generally
for the period of 2018 - 2020 that can be accessed via the ACCC’s Scam
Watch website. These figures include the total value lost by victims of
investment scams by year.

 

2018

[1]https://www.scamwatch.gov.au/scam-statis...

 

2019

[2]https://www.scamwatch.gov.au/scam-statis...

 

2020

[3]https://www.scamwatch.gov.au/scam-statis...

 

I note your request includes data for 2016 and 2017 and information
relating to foreign exchange (forex) scams which may be able to be
obtained directly from the ACCC’s Scam Watch team outside the FOI process
via [4][email address]. 

 

As we are unable to assist you outside the FOI process, we are seeking
your agreement to withdraw your FOI request and would be grateful for
confirmation of your withdrawal, by Tuesday, 5 October 2021. If we do not
receive a response from you by this date your request will be taken to be
withdrawn.

 

Kind Regards,

 

Jess Davies

 

 

FOI Administration | Corporate Law Unit | Specialist Advice and Services
Division

Australian Competition & Consumer Commission
Level 1 | 23 Marcus Clarke Street Canberra ACT 2601 | [5]www.accc.gov.au

The ACCC acknowledges the traditional owners and custodians of Country
throughout Australia and recognises their continuing connection to the
land, sea and community. We pay our respects to them and their cultures;
and to their Elders past, present and future.

 

 

 

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Hi Jess,

Thanks for your response. Unfortunately, because I sent my request via the Right to Know website: https://www.righttoknow.org.au/ the email address that you provided has been removed by the site.

Would you mind sending me the ACCC Scamwatch email address directly to my email address please: [email address]

Much appreciated!
Jamie Dixon