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A group of victims say the onus is wrongly being put on Australians to protect themselves from increasingly sophisticated scams

If Tim Watkins had still been living in the UK when he was scammed out of $222,000, he thinks he might have got all the money back.

British banks are already subject to a voluntary code for reimbursing scam victims and when new rules come into force next year they will be required reimburse victims.

But in Australia banks aren’t required to reimburse scam victims – and after falling victim to a bank impersonation scam in March, Watkins was reimbursed just $30,000.

“I naively thought I’d get the money back,” said Watkins, who moved to Australia from the UK 11 years ago.

Watkins is one of 10 Australian scam victims who have written an open letter to the government – to be released on Wednesday – urging it to follow the UK’s model, after they incurred losses of between several thousands and millions of dollars.

The group say the onus is wrongly being put on Australians to protect themselves from increasingly sophisticated scams.

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