Kiwibank fined $1.5m for breaching the Fair Trading Act

Wednesday 27 November 2024 · 3 outlets · 3 reports · updated Wed 27 Nov 2024, 4:53pm

In this story Commerce Commission, Kiwibank

Kiwibank has been fined $1.5 million in the Auckland District Court after pleading guilty to 21 criminal charges. The breaches resulted in approximately 35,000 customers being overcharged a total of $6.8 million through systemic and long-running misleading representations.

How they headlined it

4:02pm4:53pm

1. StuffWed 27 Nov 2024, 4:02pm

   Kiwbank fined $1.5m for breaching Fair Trading Act (opens in new tab)

2. The PostWed 27 Nov 2024, 4:10pm

   Kiwibank fined $1.5m for overcharging 35,000 customers (opens in new tab)

3. 1NewsWed 27 Nov 2024, 4:53pm

   Kiwibank fined $1.5m after 35,000 customers were overcharged (opens in new tab)