As stated by Detective Senior Sergeant Craig Bolton, Auckland City CIB:
The Auckland City Financial Crime Unit are making arrests as investigations continue into reports of a scam type involving term deposits, duping victims out of millions of dollars.
This month a third significant arrest has been made for Money Laundering.
It comes after warnings to the public of the emerging sophisticated scam making the rounds, which involves a victim searching term deposits online.
/NZ Police Public Release. View in full here.
