A breakthrough in the rules governing whether people who've been scammed, are eligible for compensation
A breakthrough in the rules governing whether people who've been scammed, are eligible for compensation
5 April 2024
The banking sector has launched a review around victim reimbursement.
This comes after consumer protection criticism - and the threat of regulatory intervention from government.
Consumer NZ boss Jon Duffy says although there's a level of personal responsibility - people need to stay alert.
He says some of the scams are extremely sophisticated - and those who are falling for them are everyday New Zealanders.
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