We’ve noticed a scam circulating recently, where people receive an email from a supplier, asking them to pay their account into a new bank account. Make sure you always make personal contact with suppliers to confirm requests like this, otherwise your bank account could be cleared out faster than you can say ‘scammer’!

SCAMwatch is a website run by the Australian Competition and Consumer Commission (ACCC) and provides information to consumers and small businesses about how to recognise, avoid and report scams. You can follow SCAMwatch on Twitter at @SCAMwatch_gov to find out about scams targeting Australian consumers and businesses. For more information, contact SCAMwatch.