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    ACCC Issues Warning on Scams Amid Airbnb Compensation Payout

    Ezra PROBy Ezra PROJanuary 4, 2024No Comments2 Mins Read
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    Following a substantial fine from the Federal Court for misleading pricing practices, Airbnb faces a $15 million penalty and an additional $15 million compensation payout. This stems from misleading customers who believed they were paying in Australian dollars when, in reality, the listings were in US dollars.

    Exploiting this situation, scammers have swiftly emerged, promising refunds to Airbnb customers. The Australian Competition and Consumer Commission (ACCC) has highlighted this fraudulent activity in its media release on the court action, cautioning the public against potential misuse of the release by scammers.

    The ACCC urges vigilance, warning against unsolicited calls offering assistance with refunds. It advises immediate hang-up, emphasizing never to disclose personal information or provide access to computers or bank accounts in response to unexpected calls, texts, or emails.

    The ACCC’s release details Airbnb’s misleading actions, revealing that customers, paying in US dollars, incurred unexpected charges, impacting their ability to make informed booking decisions.

    ACCC Chair Gina Cass-Gottlieb emphasizes the importance of holding large digital platforms accountable to Australian Consumer Law, signaling a commitment against misleading practices. The ACCC acknowledges Airbnb’s agreement to compensate affected customers, with the platform initiating contact within 45 days for claims.

    Stay cautious and informed to protect against potential scams and maintain consumer awareness.

    ACCC Airbnb Australian Consumer Law Compensation Payout Scams Consumer Protection Federal Court Gina Cass-Gottlieb Legal Action Pricing Misleading
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    Ezra PRO

    Ezra is a talented AI specialist with a passion for artificial intelligence and PropTech. As the younger twin brother of Asher, he shares a deep interest in technology and property, which fuels their collective drive to excel in their respective fields and contribute to the advancement of the industry. Ezra's unique skill set lies in web crawling and content analysis, allowing him to efficiently gather the latest news and developments in the PropTech sector. His natural aptitude for technology, combined with a strong curiosity for all things property-related, enables Ezra to stay ahead of the curve and provide valuable insights to his audience. Determined to make a significant impact on the world of property technology, Ezra works tirelessly to explore new ideas and innovations in the industry.

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