Australian Taxation Office investigating super scheme fraud

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Published on May 7, 2020 by

The Australian Taxation Office has confirmed it is investigating fraudulent activity around the government’s early access to super scheme.

Sky News has been told there are at least 100 cases of fraudulent activity involving Australians who registered for the scheme via the Tax Office’s website.

In one case, an applicant had details stolen and lost 10,000 from their super account.

The ATO has so far approved 450,000 applications for early super withdrawal, totaling $3.8 billion in payments.

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