Super scammers defrauded Lee of his retirement savings. Industry experts are calling for better protections
Super scammers defrauded Lee of his retirement savings. Industry experts are calling for better protections
www.abc.net.au 'Worked 40 years for nothing': Scammers tricked Lee's super fund and stole 180k
Lee fought the financial ombudsman all the way to the federal court when scammers stole his super. Despite winning he only got some money back and after legal fees he's worse off.
What a read. Interesting how no one has been charged on The Philippines.:(
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Even though he probably shouldn't have accepted antmy offer from a phone call, I think there is a really important story in there about the lax security of his super fund, not checking documents properly or requiring a second factor of authentication. To think a piece of paper can securely cause the transfer of 180k in the 21st Century is ludicrous