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This ASIC boss was scammed. She has a warning for you

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When former Australian Securities and Investments Commission deputy chairwoman Karen Chester tried to buy shoes in a sale last month, she thought they would be a nice surprise for her daughters.

She did not expect them to be part of a scam, or that she and two friends, who are also executives, would fall victim to it.

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correction

An earlier version of this article incorrectly said that scam losses in the UK fell by half in 2023. 

Hannah Wootton is a reporter for the Financial Review. Connect with Hannah on Twitter. Email Hannah at hannah.wootton@afr.com

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    Original URL: https://www.afr.com/companies/financial-services/how-an-asic-lieutenant-was-scammed-and-her-warning-for-consumers-20240701-p5jq6d