The Leader of the Opposition, Inia Seruiratu, has issued a warning to the public regarding scams like the Paragonix scam, which has improperly used the names and images of well-known Fijians to promote fraudulent activities.
In a recent statement, Seruiratu highlighted the need for Fijians to stay aware of ongoing scams as Scam Awareness Week comes to an end. He emphasized the significant financial and emotional damage these scams can inflict on individuals and families.
Despite the diligent efforts of the Consumer Council and the Police Force, Seruiratu noted an increase in scam incidents, many of which go unreported. This issue is further complicated by poverty, unemployment, and the complexities of global digital advancements.
“A collaborative effort from all parts of society is crucial to combat this escalating threat and safeguard citizens from exploitation. Even with ongoing initiatives, the number of victims is continuing to rise,” he stated.
Seruiratu expressed concern over the underreporting of scam-related incidents, a challenge that many developing nations face as they deal with the challenges of digital globalization. He pointed out that technological innovations and improved connectivity have opened doors for scammers to target vulnerable individuals, with issues such as poverty, joblessness, and increasing living costs worsening the situation.
To protect themselves from scams, he urged citizens to be cautious and avoid the lure of quick returns. “The battle against this issue requires a united front from all stakeholders,” he said.
He also shared alarming statistics from Australia, where losses to scams in 2023 reached over $2.7 billion, impacting more than 600,000 individuals. These figures illustrate the severity of the problem and the pressing need for action.
Specifically addressing the Paragonix Edge scam, Seruiratu clarified that his name and images, along with those of other prominent Fijians, have been misused to promote this fraudulent scheme. “I want to make it clear that I have no association with this company or system whatsoever. Educating consumers is key to tackling the scam crisis, but a collective societal approach is necessary,” he stressed.
Seruiratu called for partnerships among government entities, law enforcement, regulatory bodies, NGOs, community organizations, religious institutions, the education sector, and the public to effectively fight scams and protect citizens from financial deceit.