Rachelle Bland: financial adviser on the Financial Markets Authority facing backlash over Fraud Awareness Week video campaign episode artwork

EPISODE · Nov 15, 2023 · 3 MIN

Rachelle Bland: financial adviser on the Financial Markets Authority facing backlash over Fraud Awareness Week video campaign

from Best of Business · host Newstalk ZB

The Financial Markets Authority (FMA) has pulled a controversial video campaign accused of mocking fraud victims. As part of Fraud Awareness Week, the FMA partnered with comedian Tom Sainsbury to depict a 'Boomer Dad' getting scammed out of his planned trip to France. New data released from banks showed that New Zealanders lost almost $200 million in scams in the year to September. Financial adviser Rachelle Bland says this video campaign shamed the people the FMA was designed to protect. "I think it's a case of inappropriate targeting. Maybe it's catchy, but it's really not appropriate to laugh at people who've been scammed." LISTEN ABOVESee omnystudio.com/listener for privacy information.

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Rachelle Bland: financial adviser on the Financial Markets Authority facing backlash over Fraud Awareness Week video campaign

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