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Scam victim Borja Ares disappointed after Banking Ombudsman rejects full BNZ payout for $330k loss

Two investment scam victims due to receive nearly $300,000 in compensation from BNZ have been knocked back in their bid for a full refund of their lost. ....

New-zealand , Alfiya-laxmidhar , Michael-cunningham , Nicola-sladden , Carla-oneil , Borja-ares , North-shore , Carlao-neil , Banking-ombudsman-nicola-sladden , Banking-ombudsman , Scam

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

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