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BNZ told to reimburse victims nearly $300k after failing to detect Citibank investment scams despite 'red flags'

Two victims who lost $430,000 in a Citibank-branded investment scam claimed BNZ failed to detect warning signs of the fraud and should compensate them for...

United-kingdom , New-zealand , New-zealanders , Carla-oneil , Claire-matthews , Cath-mulalley , Massey-university , Citibank , Banking-ombudsman , Weekend-herald , Borja-ares , North-shore

Police suspect 'mule' after Auckland real estate agent loses $100k in elaborate investment scam

This was one of the most read stories of 2023 on nzherald.co.nz . A real estate agent tricked into wiring $100,000 as part of a sophisticated investment scam...

New-zealand , Australia , Carla-oneil , Sergeant-ryan-bunting , Financial-markets-authority , Citibank , New-zealand-based , Senior-sergeant-ryan-bunting , Police , Suspect , Mule , After

'Glacial response': Consumer watchog slams NZ banks after update on fight against scammers

The consumer watchdog has today launched an attack on Kiwi banks for “glacial” progress in tackling international scammers three months after the sector ou

New-zealand , Singapore , United-kingdom , Britain , New-zealanders , Roger-beaumont , Carla-oneil , Michael-craig , Jon-duffy , Zealand-bankers-association , Nz-banking-association , Citibank

Why can't we do more to stop rip-off sites?

Why can't we do more to stop rip-off sites?
stuff.co.nz - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from stuff.co.nz Daily Mail and Mail on Sunday newspapers.

New-zealand , Singapore , New-zealanders , Carla-oneil , Janine-starks , Heads-of-council , Google , Heads-of-the-council-financial , Kiwibank , Financial-markets-authority , Westpac , Banking-association

NZ banks announce sweeping changes to fight scourge of scams

The banking sector has announced a raft of new measures to fight fraud and counter the growing scourge of scams.  NZ Banking Association chief executive Ro

Whanganui , New-zealand-general- , New-zealand , Singapore , New-zealanders , Carla-oneil , Michael-craig , Janine-starks , Roger-beaumont , Vittoria-shortt , Jo-hurley , Alex-burton

BNZ refusing to reimburse scam victims who lost $430K

BNZ is under fire for refusing to reimburse two victims who were duped into sinking nearly $500,000 into elaborate investment scams, despite claims...

United-kingdom , New-zealand , New-zealanders , Carla-oneil , Cath-mulalley , Alfiya-laxmidhar , Claire-matthews , Zealand-herald , Citibank , Massey-university , Borja-ares , Carlao-neil

'Heartless': Bank refuses refunds for scam victims who lost $430k

BNZ is under fire for refusing to reimburse two victims who were duped into sinking nearly half a million dollars into elaborate investment scams, despite

New-zealand , United-kingdom , New-zealanders , Claire-matthews , Michael-craig , Cath-mulalley , Carla-oneil , Citibank , Massey-university , Carlao-neil , Borja-ares , Banking-ombudsman