Friday, September 13, 2024

Tech giants, banks and telcos to face massive fines and compensation for failing to protect scam victims under new laws

 



Ilya Fomin had secured a two-bedroom apartment close to a train station and shops in south-west Sydney.  But while transferring $280,000 from National Australia Bank to the Commonwealth Bank of Australia, it disappeared to scammers. 

"There are at least two banks, a law firm, me and the legislation which allowed this to happen” Mr Fomin said…………………….

https://tinyurl.com/sfdabawc

 


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