Celebrity endorsement scams soar 400% in year

Example of celebrity endorsement scams advertisements

Example of celebrity endorsement scams advertisements Source: ACCC

The number of Australians duped by celebrity endorsement scams has soared by 400% in a year, with older women the most likely to get stung.
The consumer watchdog's ScamWatch website has received almost 200 reports of fake celebrity-backed products in 2018, with losses totalling $142,000.

"Most people lost between $100 and $500, and in one case a victim lost more than $50,000 through fake celebrity endorsement of an investment scheme," ACCC deputy chair Delia Rickard said on Monday.

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Published 24 September 2018 3:24pm
Updated 24 September 2018 3:40pm
By Hazel Ying
Source: ACCC


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