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Kerre Woodham: Should there be some kind of fund for people ripped off in scams?

Now this is another tricky one and we have talked about it before, and it's in the news again. I am all for personal responsibility in owning your own mistakes.

Case in point is me overpaying my insurance premiums by thousands and thousands and thousands for about 10 years because I hadn't checked the fine print. Nobody to blame but me.

Unfortunately, as much as I had tried to squirm and writhe in my own mind, ultimately me, I'm the one, it’s me. But when it comes to banking scams I tend to side with Jon Duffy, the Consumer NZ Chief Executive.

He says our consumer protection ecosystem is…

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