A crackdown on investment scams costing Australians more than a billion dollars a year is showing early signs of success, according to the federal government.
The call disruption initiative is part of a so-called fusion cell response designed to intercept contact between scammers and potential victims, and minimise losses.
The cells or short-term task forces, which include representatives from banks, telcos and digital platforms, are being co-ordinated by the National Anti-Scam Centre to tackle specific and aggressive scams as they arise.