Scale of Australian scam losses

This week on The Fin podcast: journalist Lucy King on the global scam operators targeting Australian investors, how the brother of Olympic breakdancer Raygun came to be working for them and why they are so hard to shut down.

This podcast is sponsored by Vanta

Further reading:
Raygun’s brother linked to global scam network with nearly 40,000 Aussie victims
An AFR investigation unravels corporate registries to link Brendan Gunn, brother of “Raygun”, with a global network that has fleeced victims of millions.
‘Devastated’: How I lost $500k in a crypto ATM scam
Mary, 85, is one of thousands of victims of Australia’s boom in crypto ATM’s, which suck in $275 million a year, and are the “getaway cars” for scammers.
Modern money laundering explained: Inside a $2.2b crypto heist
The washing of money through digital tokens is fuelling global crime. We trace the funds from the robbery to its final “integration” and explain why Australia needs stronger international rules.

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