Photo: 123RF

Consumer NZ is calling for scam protection to apply to online marketplaces, after a man lost $35,000 buying a car that turned out to be stolen.

The man complained to the Banking Ombudsman about the scam.

He transferred $35,000 from his account into someone else's, trying to buy a car online.

But the car was later proven to be stolen. He reported the fraud to the bank and the police. His bank tried to retrieve his money, the ombudsman scheme said, but was unsuccessful.

He complained the bank ha

πŸ“°

Continue Reading on RNZ

This preview shows approximately 15% of the article. Read the full story on the publisher's website to support quality journalism.

Read Full Article β†’