Ahiahi mārie, welcome to The Spinoff Daily. Today on The Spinoff: the work going on behind the scenes of the hīkoi to parliament, mounting pressure on Kiwisaver funds to invest ethically, what we can expect from an expanded mining industry But first: Duncan Greive reports on the scam ‘crisis’ banks are grappling with while Facebook profits from it
“The story would have been dystopian a few years ago, but is now routine, almost unremarkable. A pensioner sees an advertisement starring prime minister Chris Luxon, encouraging investment in cryptocurrency. Within weeks she transfers over $200,000 through a series of accounts and exchanges. Only too late realising she’s been caught by sophisticated scammers, and that the money will never return. It ran on the cover of the Herald on Sunday on October 20. The victim’s name is Jill Creasy, a Taranaki grandmother. The story was broken by Lane Nichols, who has spent much of the last year detailing the excruciating impacts of the scam economy. Creasy told Nichols, “first of all I felt angry and then I felt foolish, then I felt really ashamed.” The story mentions TSB, her bank, nine times. It mentions Facebook, the platform where it all began, just once. This is a microcosm of how we view the issue as a country – it’s a problem for the person being defrauded, and for their bank. For Facebook, which ran the ads in question, it’s a profit centre.”
Liam Rātana reports on the work going on behind the scenes of the hīkoi to parliament Gabi Lardies reports on the mounting public pressure on Kiwisaver funds to invest ethically What can we really expect from an expanded mining industry? Pacific profiles: Meet the Southside Aiga Midwives, who serve whānau in the heart of Māngere
Support longform journalism in New Zealand at The Spinoff Joel MacManus's longform investigation into the urgent race to solve homelessness in Aotearoa is the kind of vital journalism we can only do with support from Spinoff members and donors. If it matters to you, and you're able to, please donate or become a member today.
What to watch on Netflix NZ, Neon and more this week The Bulletin: The haka that circled the globe
Savage style for seasoned steezers: Lyric Waiwiri-Smith captures all the Toitū te Tiriti hīkoi fits The Nobel Prize in Not Beating Up Your Kids by Maddie Holden Anna Rawhiti-Connell defends Auckland’s “incredibly” expensive Christmas tree The slowest city in the world is on the brink of change
Sharing is caring! If you enjoyed today’s roundup, please share with your friends and whānau.
|
The scam ‘crisis’ that Facebook profits from it
20:04
0
