{"id":108213,"date":"2025-12-24T09:30:00","date_gmt":"2025-12-23T22:30:00","guid":{"rendered":"https:\/\/en.econostrum.info\/au\/?p=108213"},"modified":"2025-12-23T20:47:33","modified_gmt":"2025-12-23T09:47:33","slug":"westpac-issues-urgent-warning","status":"publish","type":"post","link":"https:\/\/en.econostrum.info\/au\/westpac-issues-urgent-warning\/","title":{"rendered":"Westpac Issues Urgent Christmas Warning as Scams Explode"},"content":{"rendered":"\n

The holiday rush has begun, and while shoppers are chasing last-minute deals, scammers are chasing them. With Christmas fast approaching, Westpac has issued a fresh warning that online fraud is expected to surge across Australia in the coming days.<\/p>\n\n\n\n

Scammers Take Advantage of the Festive Frenzy<\/h2>\n\n\n\n

Every year, the same pattern repeats itself: as people hurry to buy gifts and organise travel, criminals get busier too. The festive season is the perfect storm for scams. Fake shopping websites, delivery notifications demanding payment, and phoney charity appeals are all designed to exploit the chaos of December.<\/p>\n\n\n\n

Australians have already lost millions this year to scams linked to online shopping and parcel deliveries, reports Yahoo Finance.<\/a>. Authorities say the numbers are rising faster than expected, with reports suggesting more than $9 million has disappeared in shopping scams alone since January. Add fake prize draws, gambling schemes, and investment hoaxes, and the total losses climb even higher.<\/p>\n\n\n\n

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Westpac warns Aussies over impending \u2018surge\u2019 as shoppers lose $9.4 million to growing trend: 'Red flags' https:\/\/t.co\/77jcAEdMOc<\/a><\/p>— Yahoo Finance Australia (@YahooFinanceAU) December 22, 2025<\/a><\/blockquote>