The Financial Register.

Inward fraud & financial crime, explained for Gen Z

Breaking newsUpdated 17:33 · 10 August
Listen to the breaking briefingNewThe Flashwire · 7:21

The federal government released draft legislation Tuesday requiring social media platforms to give Australian users control over what their feeds show them, building on last year’s ban on…

Audio filed 17:52 · 8 September · Written update 17:33 · 10 August

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The pitches that landed in Australian accounts today.

Every morning: the exact wording criminals used, which banks and platforms were named, and what was done about it. Read today’s issue before you decide.

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The Part 8A

Six ways money arrives before the trouble does

Different pitches, one mechanism: your account receives money that isn’t yours, and you are asked to move it on.

Money mulesA stranger → your account → goneA strangerYOUGone

Someone else’s money, moving through your account, in your name.

You keep a small cut. The bank keeps the whole record. When police read that record, the name on it is yours.

See what this means for you
Romance scamsYour “partner” → your account → goneYour “partner”YOUGone

The person who loves you needs your bank account.

Months of messages, then one small favour: receive this money, and send it on. The romance was the recruitment.

See what this means for you
Remote-access “refund” scamsA “refund” → your account → goneA “refund”YOUGone

They refunded you too much. Now they want the difference back.

The extra money on your screen came from another victim — or from your own savings, moved between your own accounts while you watched.

See what this means for you
“Quick cash” job scamsAn “employer” → your account → goneAn “employer”YOUGone

The job is real money. The employer is not.

No interview, no ABN, no office — just your bank details and $500 a week to “process payments” from home.

See what this means for you
Student scamsA classmate → your account → goneA classmateYOUGone

The ad on the campus noticeboard only needs your bank account.

International students are targeted hardest, because a visa condition makes the threat of “trouble with the authorities” do all the work.

See what this means for you
Diaspora-targeted scamsA contact → your account → goneA contactYOUGone

The call comes in your language, from someone who knows your paperwork.

Fake embassy fines, fake immigration officers, fake remittance agents — the trust of a shared community, used as a tool.

See what this means for you

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The pitches that landed in Australian accounts today.

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