There are calls for a coordinated response to get on top of rising fraud operations.
Crypto exchange Swyftx is warning scam networks have evolved into a new form of organised crime, with many operating out of South East Asia.
Latest data estimates New Zealanders has lost $1.6 billion to online threats in the past year, with this expected to grow without intervention.
Criminologist Gabby Lewis told Mike Hosking the Government needs to run simple, nationwide campaigns.
She recommends simple messaging like "slow down, look around, shut it down".
There’s also a belief more needs to be done to protect New Zealanders from the syndicates.
Lewis told Hosking the syndicates utilise human trafficking to make their money, the victims forced to stay in compounds and scam people.
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