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If you’ve been scammed you’ll know its not clear what our rights are or what to do to get our money back.
The Government’s New Legislation Solution: Finally a new legislation has been announced to protect us from scams.
What is great about this new legislation is that it puts the onus on banks, social media and telcos.
Government’s New Scam Crackdown.
Social Media must now take responsibility for scam ads on their platforms.
Banks must now take responsibility for allowing your money to go in fraudulent bank account
Telcos must now take responsibility for allowing scams texts on your phone.
Companies that fail to meet their obligations face massive fines of up to $50 million and may be forced to compensate us.
