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Organised criminals hurt NT retirees

Tue July 10, 2012 3:01pm

ORGANISED crime groups are targeting the retirement savings of Territorians with sophisticated fraud operations with one family losing $40,000.

NT Police said the fraudsters, typically based overseas, phone victims to entice them to transfer funds into bogus investments. A 48-year-old Territory carpenter and father-of-six, who wished to stay annonymous, said he lost more than $40,000 two years ago after being contacted by a cold caller. Missing the full story? It's all in the NT News. For home delivery call 08 8944 9901.

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