'Preposterous': Banking watchdog under fire, calls for law change to protect scam victims
Critics say customers who visit their bank are more protected than those paying online.
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Latest FromBank Scams
Bank worker embezzled $200k to fund SkyCity gambling addiction
He hoped to pay off his debts by gambling "but it didn't pan out that way", says judge.
Scam victim horrified nine others lost $800k after he reported $1m fraud to banks, police
The victim sent 20 separate money transfers of $50k each over just eight days.
ANZ misses watchdog's scam warning after email caught in spam filter
Consumer NZ says ANZ's spam filter systems seem more effective than those detecting fraud.
'Fight for justice': BNZ told to reimburse scam victims nearly $300k after missing ‘red flags’
The Banking Ombudsman found BNZ had missed crucial warning signs of a known scam.
JP accused of laundering $1.8m in scam proceeds appears in court, granted suppression
One of the JP's alleged victims lost $1m in the scam, according to court documents.
Investment scam: Auckland JP charged with 10 counts of money laundering worth nearly $1.8m
Police seized documents and computer equipment during a search at his home this week.
'Substandard systems': Watchdog calls for ASB to refund scam victim’s $100k loss
A financial expert claims ASB was on notice of criminal activity but failed to detect it.
Man allegedly linked to $100k scam being removed from JP website, fresh probe launched
The accused JP is authorised to certify anti-money laundering documents for finance firms.
'A joke' - Kiwi victim of $100,000 scam refuses $2000 ‘goodwill payment’ by ASB
Nearly six month after scam reported, police are yet to interview the alleged mule.
'Glacial response': Consumer watchdog slams NZ banks after update on fight against scammers
Work is 'progressing' to introduce a co-ordinated Anti Scam Centre to protect customers.
A Christmas phishing trip? Banks warn of scams
Some juicy term deposit offers are fake, NZ bank warns.
'It's bizarre': Police uncover web of victims after widow loses $100K in FB hacking scam
An Australian man caught up in the case lost $500,000 in a romance scam.
Black Friday sales NZ: How not to get scammed
Criminals know everyone wants a bargain from now till Boxing Day.
Border alert, warrants issued for disbarred lawyer accused of money laundering
Victim angry alleged mule did not have to surrender his passport to when given bail.
'Very bad taste' - Anti-scam video featuring comedian Tom Sainsbury pulled by watchdog
Fraud victims criticise 'disrespectful and insensitive' awareness campaign.
Banks say $198m lost to scams; Netsafe calls for anti-scam centre
Netsafe survey finds $2.1 billion in total losses; banks ready key new security measure.
JP says bank account frozen after allegedly receiving $100k in stolen money
The private investigator, the secret recording and the fake Bitcoin investment contract.
Banking Ombudsman launches probe into ASB after pensioner loses $100k in FB hacking scam
The victim's family want an independent review of ASB's processes.
'Not a good look': ASB should have reported $100K fraud to police
'Where does their liability sit for this if other cases are discovered?'
'Bizarre': Widow loses $100k in Facebook hacking scam, family furious at ASB
“If the bank had contacted the family we may have been able to recover the funds.”
'Far too late': Victims sick of 'false promises' as banks announce changes to fight scams
"Unfortunately, this comes far too late as my family’s lives have already been destroyed."
'Absolute negligence': Financial expert lashes Kiwi banks, alleges systemic security failures
It’s absolute negligence on the banks’ behalf and it’s an embarrassment internationally.'
Victims who lost $1.25m to scammers via alleged 'mule' believe ASB should accept liability
"Some kind of red flag should have been raised."
ATM skimmers clean out woman's bank account
An unexpected evening phone call and bank account shock as skimmers strike.
'Highly p***ed off': Mule used ANZ account to steal money from up to 9 victims
'Our NZ banking system is grossly inadequate.'
Dasset's crypto meltdown: Should regulators have stepped in months ago?
Liquidators appointed but it's far from clear if customers will regain access to funds.
Scam victim hires private investigator to track ‘money mule’ after losing $100k
'In a lot of these cases you’re chasing shadows, but here there’s a genuine lead.'
'Terrible people': Scammers steal $350k from mum as hubby fights for life in hospital
"That money was an inheritance ... and I’ve gone and f***ed it up."
Phishing scammer fleeces construction boss - while serving home detention for similar offending
He used a sim-swapping scheme and phishing email to get the man's banking information.
'Heartless': Bank refuses refunds for scam victims who lost $430k
"NZers are soft targets because we don’t have the security in place. It’s bananas."
'Digital ram raids': NetSafe unveils new scam detection weapon to protect Kiwis
'This is a massive step in New Zealand’s war against scams.'
Auckland scam victim faked own kidnapping to extract money from family
Chinese students or older Chinese migrants the main targets.
"Not sustainable': Calls for liaison police placements overseas to target scammers
But Government rubbishes plan as 'ridiculous'.