Scam network targeting Australians traced to Israel

More than 4,000 Australians have lost hundreds of millions to the Sapphire Network. The scam uses fake ABC news articles and fake investment sites to trick victims. Once people send money, the scammers make excuses about frozen accounts and won't give it back.

Why it mattersAustralians face a criminal network that impersonates trusted news sources. The scammers use lies and psychological pressure to steal savings meant for retirement and emergencies.