As the tax season approaches, Australians have more reasons to be wary of persons claiming to be from the Australian Taxation Office (ATO). In the four months since July 1, Australians have lost nearly AU$1 million to scammers posing as the tax officials according to the ATO. During the same period where more than 28,000 scam attempts were reported by the tax body, bitcoin has emerged as the scammers’ preferred method of payment. Previously the use of iTunes vouchers was the most popular method but this has now been overtaken by payments made via Bitcoin ATMs. Watch Your Backs The tax body is now warning Australians ... (full story)