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Many people duped into buying
dodgy shares by telephone callers from
overseas have responded to our new
website www.sharescams.org.nz.
"We want to reach small business
people who are most at risk from
these international fraudsters,"
Director of Enforcement
Norman Miller said.
The Commission's advertising
campaign directs people to the
share scams website which tells them to "slam the phone" on
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these unsolicited callers with their persuasive sales pitch.
The fraudsters keep changing their names and the countries
they operate from. This helps them avoid detection while
they keep the money rolling in.
"We estimate at least $30 million has been lost by people
who have told us their experiences," says Norman Miller.
"It is extremely unwise to send money overseas to someone
you know only by a telephone call. Money sent out of the
country to these fraudsters will inevitably be lost." |
