Latest Fraud News

The Auto Co, which was the largest automotive trader on Trade Me, was fined $42,000 today for a shill bid scam

Ghost bid scam worst in Trade Me's history video

An Auckland car dealership has been sentenced for what Trade Me has called the biggest ghost bidding scam in the auction site's history.

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(file)

US hackers stole $45m video

A worldwide gang of criminals stole a total of US$45 million [NZ$53.5m] in a matter of hours by hacking their way into a database.

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Silvio Berlusconi (Reuters file)

Berlusconi's fraud conviction upheld

The case that could see Italy's former Premier barred from public office for five years.

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David Ross is being investigated for running what looks like a giant Ponzi scheme

Kiwis hit back at alleged ponzi scheme video

Could David Ross be New Zealand’s version of Bernie Madoff?

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(File)

Five Star finance founder jailed

Five Star group founder Neill Williams has been jailed for three years and seven months.

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Chester Borrows

Govt defends benefit fraud crackdown video

The Government says its crackdown on benefit fraudsters hasn't come at the expense of catching white-collar criminals.

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One guilty, two cleared in Dominion trial

Dominion Finance's former chief executive has been found guilty, but two others have been acquitted

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Welfare scammers due in court

Two people are due in court today in Auckland in connection with a welfare scam centered on a bogus dental practice.

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Five fraudsters have been jailed in Britain for pretending to make a Hollywood movie to scam tax authorities (file)

5 jailed for fake movie video

Five people were jailed Monday in Britain for pretending to make a Hollywood movie in a scam to defraud tax authorities.

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IRD are warning the public about a telephone scam where people are told they are eligible for a tax refund. (File)

IRD warns of telephone scam

Inland Revenue is warning of a new telephone tax scam

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France's Junior Minister for Budget Jerome Cahuzac (Reuters)

French minister resigns over fraud probe

French President Francois Hollande's office says the budget minister has resigned amid a ballooning scandal over suspected tax fraud.

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Joel Barlow (file)

Qld Health fraudster sentenced

The NZ man accused of fleecing $20 million from Queensland Health has been sentenced to 14 years jail.

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Companies involved with the Christchurch rebuild are "tremendously vulnerable"

Rebuild fraud could top $1.5 billion video

Fraudsters could be ripping off the Christchurch rebuild to the tune of $1.5 billion, a forensic analyst has warned.

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Hohepa Morehu-Barlow used to claim to be a Tahitian prince  (AAP)

Fraud prince treasure trove up for sale

The treasure trove of an accused fraudster, who used to claim to be a Tahitian prince, will go under the hammer in Australia today.

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Crooks swap stick-ups for card crimes

Crooks are now far more likely to turn their hand to benefit fraud and credit card rip-offs than traditional thefts.

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The Serious Fraud Office has been looking into the Christchurch rebuild since last year

SFO: intervention averted Chch fraud video

The Serious Fraud Office believes early intervention has averted potentially massive fraud in the Christchurch rebuild.

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Harry Markopolos (Reuters file)

The man who took down Bernie Madoff video

The man who blew the whistle on the biggest financial fraud in United States history is in New Zealand for a Serious Fraud Office conference.

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Britons jailed for identity fraud

Two Britons who stole the identities of New Zealand citizens to enter the country have been jailed.

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Trader facing 15 fraud charges

A former foreign exchange trader is facing 15 fraud charges over allegations he lied to investors and used their money for his own use.

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Gold trader charged with theft

A former gold trader faces fraud charges after allegedly investing clients' money in places they didn't expect and providing them with false statements.

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