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Jenee Tibshraeny: NZ Herald Wellington business editor on the  5000 ‘mule’ bank accounts being used by scammers

Jenee Tibshraeny: NZ Herald Wellington business editor on the 5000 ‘mule’ bank accounts being used by scammers

Published 1 week ago
Description

More than 5000 New Zealand bank accounts have been used by scammers to transfer stolen funds over the past nine months.

These 'mule' accounts have been flagged by a new information sharing platform banks are using to detect scams: the Fraud Intelligence Exchange.

NZ Herald Wellington business editor Jenee Tibshraeny explained further.

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