Ex London firefighter loses entire £170,000 pension after elaborate ‘investment scheme’ scam

A former London firefighter has revealed how she was tricked out of her entire pension after being targeted by scammers – and their  fraudulent ‘investment scheme’ even pulled the wool over the eyes of the bank workers who helped her transfer funds.

Catherine Mulalley, 55, originally from Staines but now living in Nelson, New Zealand, says she had inquired about investments online before receiving a phone call from someone who claimed to work for Citibank – a multinational bank that offers investment services.

She hoped to invest her pension and use the £170,000 funds to offset a loan application to build a new home to replace her ‘falling apart’ one, which she and her husband bought after emigrating to New Zealand.

The former firefighter claims the man posing as a Citibank employee provided legitimate-looking paperwork and contact details for the Auckland branch.

She then visited her local branch of the Bank of New Zealand (BNZ), in Nelson, where she claims staff members helped her transfer the lump sum of money in May.

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Catherine Mulalley, 55, (pictured) originally from Staines but now living in Nelson, New Zealand had expressed an interest in investing her £170,000 pension pot in order to fund a new home for herself and her husband – however, she was scammed by fraudsters out of more than two thirds of the cash

A man claiming to be from Citibank called her offering a convincing investment plan for her money - and she transferred the money over - but she's now lost £134,500 after her bank was only able to get £35,500 back

A man claiming to be from Citibank called her offering a convincing investment plan for her money – and she transferred the…

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