Latest fromBank Scams
TSB staff help customer send $1m to scammers
Recorded phone calls capture the moment TSB staff help customer Steven Fan send $1m to scammers.
$450m crypto theft: Assets seized in FBI-led raid on Wellington-based man
Assets include cash, cryptocurrency and high-value goods.
Banks stepping up their game in tackling scams and emotional conclusion to Podmore inquest
Banks stepping up their game in tackling scams, Winston Peters under sportlight after media comments and emotional conclusion to Podmore inquest.
Better compensation for scam victims from banks
Banks are putting in better compensation for scam victims.
Banks to reimburse fraud victims up to $500,000 under new rules
New tech will identify risky transactions and freeze suspect accounts.
ASB Securities impersonated, scammers suspected of exploiting volatile economy
The fake share traders invite people to connect over WhatsApp, bank says.
Mary Holm: How to weather sharemarket turbulence
OPINION: Knowing when to invest again is impossible so it's better to stay put.
Architectural designer admits money laundering, seeks discharge and permanent suppression
The designer helped scammers steal $235,000 from two investors.
Within days of arriving in NZ, Aussie man helped scam 71yo out of $150k
The reluctant NZ resident wants to make up for the fraud – with volunteer work, not cash.
‘Scammers don’t sleep’: FMA under fire for delayed scam alert after retiree loses $1m
The FMA took 47 days to issue a scam warning, during which a retiree lost $1m.
Watchdog launches probe after ANZ helped victim send $250k to scammers
ANZ refused liability saying there were no indications of fraud or 'red flags'.
‘Negligence to the eyeballs’: Westpac under fire in $2m laundering case
Carel Viljoen laundered nearly $2 million in an investment scam.
The hidden cost of online dating scams in New Zealand
Some scams involved losses over $100,000, including cryptocurrency schemes.
Diana Clement: Why young digital natives are more vulnerable to online scams
Gen Zs are often twice as likely to experience digital security incidents.
NZ banking net profit rises to $7.22b amid economic challenges
Profits were in the middle to upper end when compared with other countries.
‘I make some money out of it’: Interview with a $2m money launderer
A scam victim who lost $1m says: “I’ve failed as a husband to protect my wife".
‘Anxious as s***’: Businessman guilty of money laundering linked to $2m scam
The victims thought they were investing in high interest bonds but lost nearly $1m each.
‘I’ve lost so much’: ANZ under fire for blocking $1m fraud investigation
Consumer NZ says the victim is powerless and something needs to change.
Listen: ‘Appalling on all levels’ – Experts slam ANZ for failing to prevent $250k scam
The victim says ANZ's failures directly contributed to her loss.
ANZ worker helps woman send $250k to scammers
A recording has emerged of an ANZ staff member helping a customer send $250,000 to scammers. Video / NZ Herald
Scams inspire Valentine’s Day stinky florist pop-up shop
The average romance scam victim is losing about $13,500, bank says.
‘We were that close’: Couple narrowly avoid $270k scam after lawyer’s email hacked
The scam involved a fake invoice from their law firm's compromised account.
‘Huge relief’: Kiwi scam victims get some of their life savings back
The victims claimed Westpac failed in its duty of care by not conducting proper checks.
'Totally dropped the ball': ANZ staff helped scam victim send $250k to known 'money mule'
The victim is shocked to learn the bank was on notice about the suspect account.
‘He scammed me too’: CEO denies laundering $1.53m, says he was also duped
'I stand to be incarcerated. Who will look after my boys?'
Scammer impersonates staff, bank told to reimburse $30,000
Spoof phone number used in scam to steal from bank customer.
Watch: 'Confirm those last digits' - Credit card scammer captured on call
A customer outwitted the 'smooth and urbane' scammer.