We’ve all heard about the different types of scams doing the rounds, ranging from romance scams to AI identity fraud.
But one that may not spring to mind straight away, that people definitely need to be wary of, is property settlement scams.
New PEXA research shows the majority of Aussies miss property scam warning signs.
With these scams becoming one of the most financially devastating forms of cyber-crime in Australia, it’s crucial for people to learn to mitigate the risks.
So what might a typical property settlement scam look like? And who’s most at risk?
Cam & Renee from the MIX106.3 Real Estate Show got all the details from a very special guest!
Peter Maddison is the original host of Grand Designs Australia and PEXA’s Scam Awareness Ambassador.
He told us all about the latest research and what people can do to protect themselves against property settlement scams.
Check it out here