Kiwis have lost a whooping $12 million more to scammers last year than they did five years ago.

The latest figures from internet watchdog NetSafe revealed more and more New Zealanders were falling victim to scams, losing a total of $13.4m in 2015 – more than double the 2014 loss.

As a result, NetSafe are now recording losses, on average, of more than $1m each month. [Read more…]