Latest fromBank Scams

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.

Watch: British scammer caught on CCTV legging it from cops after being collared in CBD
Hennessy posed as a police courier to steal $337k from 21 victims.

Young couple left with 44c to pay mortgage after bank card fraud
A young mum is warning anyone who finds a bank card to be careful how they advertise it.

Listen: Scammers who used deepfake Luxon video to steal $224,000 caught on recording
A fraud expert says the highly skilled scammers use psychological tricks to con victims.

Pensioner loses $224k in cryptocurrency investment scam
Scammers manipulated the Taranaki grandmother into investing in cryptocurrency, claiming to be legitimate financial advisers. Video / Supplied

Westpac’s profit jumps 10% as it puts less money aside for bad debts
CEO says bank 'acted swiftly'' to pass falling interest rates on to customers.

Former lawyer accused of using laundered $400k on luxury home, private school fees
The disbarred lawyer claims multimillion-dollar business deals are at risk if he is named.

'Evil will come to you': Woman loses life savings to deepfake Luxon crypto scam
Scammers sent software giving them remote access to victim's device and bank account.

Letters: Why should banks pay for scam victims?, Don't retire, Jimmy Spithill
OPINION: 'What will international sailing be without Jimmy Spithill?'

Watchdog clears bank after branch manager helps customer send $250k to scammers
If the victim had lost the money in Britain, he would likely have received a full refund.

Banking Ombudsman warns scammers getting more sophisticated
Websites and letterheads of legitimate banks being copied.

'Gross negligence': Family to sue banks after disabled son lost $250k in scam
Neither NZ nor Australian police are investigating the fraud due to a miscommunication.

'Just hang up': Pensioner's devices hacked, identity stolen during cunning Spark scam
The scammer spoke to the pensioner by phone for three hours while controlling his devices.

Watchdog launches probe after Westpac customer loses $323k in scam, bank CEO 'sorry' for huge loss
Westpac's CEO is confident it had acted appropriately and 'exercised our duty of care'.

Auckland family in dock in $8.6m mortgage and investment fraud case
Two Peters family members flee NZ; SFO seeks justice in fraud case.