A former London firefighter has lost over £100,000 of her life savings after being duped by an investment scam in her new home of New Zealand.
Cath Mulalley, who once worked for the London Fire Brigade, but who emigrated Down Under with her family in 2008, fell for the swindle in June. An unexpected call from a hoax advisor led to her transferring $325,000 NZD (£170,000) into a new Citibank account.
It was all an elaborate set-up and although the Bank of New Zealand has managed to claw back $67,000 (£35,000), she has lost the rest. She and her family were planning to invest some of their savings for their daughter Eva, 10, who was born after the couple went through four years of IVF treatment, reports MyLondon.
