ABC News – Top stories
·australia
·1 hour ago
HSBC faces court over $23 million spoofing scam and customer failures
HSBC faced a Federal Court hearing in Melbourne, acknowledging its failures to protect customers from a long-running spoofing scam. Nearly $23 million was lost by victims, including Sunni Wan, who lost almost $50,000. The case marks the first lawsuit in Australia holding a bank accountable for inadequate scam prevention measures.
Summary by OZbrief · ABC News – Top stories
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