More than 105,000 scams were reported to the Australian Competition and Consumer Commission (ACCC) last year, resulting in losses of more than $84 million. And that's just the tip of the iceberg: many more scams went unreported, often because the victim was too embarrassed to tell authorities about the crime.

To help combat the increasing number of scams, Macquarie Bank have compiled a list of the 12 most common ones they've come across.

See the list here