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Thursday, March 27, 2025

DTNZ: Law firms lose millions in ANZ phone scam


Several Wellington-based law firms have lost over $2 million in a sophisticated phone scam where criminals impersonated ANZ bank staff.

Scammers, pretending to be from the bank’s fraud team, used previously obtained banking information to convince victims to grant remote access to their computer systems and share authentication codes.

Some calls even played genuine ANZ hold music to appear legitimate.

ANZ has confirmed the affected firms are cooperating with police and urged other potential victims to come forward.

The scam has highlighted the increasing threat of “impersonation fraud”, with businesses being warned to remain vigilant.

Daily Telegraph New Zealand (DTNZ) is an independent news website, first published in October 2021. - where this article was sourced.

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