It used to be fashionable for men to show their scars, to show they’d suffered more than the other guy. In the same spirit, let’s discuss how one gets suckered into buying various things. Here are five common ways in which people regularly get conned with certain financial products. By Deepak Shenoy. Excerpted from ‘Money Wise’.
Take just about any subject matter that is not related to health or safety and the mass media will cover it with great detail and often, honesty. That means up to 8 out of 10 [.]
Bay of Plenty romantics lost nearly $27K each on average to scammers in 2020
12 Feb, 2021 10:00 PM
3 minutes to read
Romance scammers conned more than double the money out of Bay of Plenty residents in 2020 compared to the year before. Netsafe data shows the average loss per victim in the Bay of Plenty, including Rotorua, was $26,900 in 2020 compared to $9905.78 the year before.
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Scammed residents lost $29,717.35 total in 2019, which could be considered pocket change compared to last year s combined losses of $134,500.
Nationwide, Netsafe says a total of $3,434,816 in losses were lodged with them last year and the average loss per victim was $18,667.