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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Older Workers going into Business

Increasing numbers of Australian workers made redundant as they approach retirement are refusing to be discarded by going out on their own. It is the catch-22 of life in a post-global financial crisis (GFC) world. Australians are living longer and being encouraged to work longer to pay for their retirement. Yet older workers are often the first to be laid off in lean times and the least likely to find a new job. The solution for increasing numbers of people caught in [...]

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