Money

‘Money mule’ defrauds four retirees of life savings in fake bank deposit scheme

A scammer posing as a money mule convinced four retirees to hand over their life savings in a fraudulent bank deposit deal.

Skinny McBuntu

Four retirees have been defrauded of their life savings by someone operating as a 'money mule' in a scheme involving a too-good-to-be-true bank deposit deal. The victims were persuaded to invest money based on promises that did not materialise.

Covered byStuffNot covered byRNZNZ Herald1NewsNewstalk ZBOtago Daily TimesNewsroomThe SpinoffBusinessDeskinterest.co.nz

Coverage across the news outlets we track, as at publication.

What outlets are saying