Westpac NZ warns about sophisticated new scam

Westpac NZ is warning New Zealanders about a sophisticated new scam that involves a fake Westpac investment prospectus.

The prospectus is formatted to resemble a Westpac document and includes professional-looking imagery.

Westpac NZ Chief Risk Officer Carolyn Kidd said the scammers had put significant effort into making the prospectus look authentic.

“Would-be investors are encountering this scam when they do internet searches for information about investments and term deposits.

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