Demands Grow For Banks To Reimburse Scam Victims

There are growing calls for the Government to take action against scammers and require banks to reimburse victims.
Harriet Spring was scammed out of $1.6 million, and tells us how it happened.
#Scams #Banks #InternetScams

[@arclux]

These scammers are taking pennies compared to the bank, insurance & government scams.

[@strikeforce448]

Defending criminal scammers? How surprising 🙄

[@arclux]

@@strikeforce448
Defending the corrupt political class? How surprising 🙄

[@Verifyourage]

government task force bludging as per usual

[@kreagle]

Having worked in banking both locally and internationally for 35+ years. The most frustrating aspect of the business is how lazy its back office technology functions. Many banks are using 50+ year old systems cobbled onto modern platforms. Much of banking technology is not fit for purpose.
Bank accounts should be universal like mobile numbers and superannuation accounts with the ability to partition your account into credit and savings. Isolating the ability of scammers to operate by banking fraud teams and customers better manage their banking interactions.
There’s too much accumulated clutter in banking.

[@Duplexx9730]

You dont Transfer $1.4 million because your distracted.

[@daezjn]

Why bother using banks if they can't offer security to your hard earned savings? If there's a TSB in Australia, customers will be happy to change banks..

[@harbster2]

I stopped using internet banking because I don't trust it. I go into my local branch for all of my transaction now.

[@rustyeverhard3877]

Why dont you have closed captions, do you have a problem with deaf people?

[@nigelparrott6944]

Why should you charge the banks? After all your mistakes will cost every Bank customer!