Money laundering scams target NZ small businesses

New Zealand small business owners are being warned to watch out for overseas money laundering scams. The latest scam to target honest Kiwis has seen businesses contacted by a fake overseas customer asking to purchase products. However, they pay over the stated amount, and then ask for the excess to be sent to an overseas bank account. Police investigations have shown the original payment was obtained fraudulently through phishing scams, the 'customer' is never heard from again and does not [...]

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