He worked alongside hundreds of others aiming to steal money in a ‘pig butchering’ romance scam in a sophisticated operation designed to part unsuspecting victims from their cash.
Staff at the country’s largest bank helped a scam victim send $250,000 to the account of a known “money mule” just weeks after another victim lost $250,000 to an ANZ account under the same name.
Fraud and scams are expected to account for around one in three new banking and loan cases dealt with by the financial ombudsman in the next financial year. The Financial Ombudsman Service (FOS ...