Meet the woman determined to wreak vengeance upon the scammers who stole her half a million dollar divorce settlement. Jo O'Brien took the unprecedented step of suing the bank and knocking on the door of her scammers to return the $500,000 she'd been conned into believing would be an AMP term deposit.

When finance professionals and stockbrokers lose the battle against fraud, scams and mule bank accounts, what has to change? Australia's banking system is riddled with mules willing to rent or sell their bank account for as little as $50. Predators at the top of the crime chain exploit legal loopholes in AUSTRAC regulations, electronic payments, and bank policies to stay ahead of the law and target Australia's wealthiest people. This episode explores the multi-million dollar losses some Australians face when trying to open a term deposit or invest their retirement money. Many of us falsely believe older people lose money because they are grappling with how to use technology, but that ship sailed long ago. Older Australians are targeted for their assets in sophisticated social engineering rackets that are getting better, bigger and bolder as Artificial Intelligence, poor banking and telco security and scam factories enable it. We've investigated cases where people have been defrauded by as much as $3 million to $6 million trying to transact through Australia's banking and payments system.There are even fraud universities where the old scammers and malware hackers from the 1990s and 2000s are educating a new technical elite on how to create new scams, shams and frauds that work. With personal information leaked across the web, it's simple for 'spear phishing' to personally target individuals with just the right bait to get you on the hook to lose everything.Older Australians have been the biggest losers in Australia's scam crisis, mostly because they have more money to lose than younger people. Vicious trading scams use deep fakes to lure people in with a social media ad. When the regulators close them down, they simply re-badge the front end with a fancy new name and start up under a new name and impersonate a new celebrity, financial expert or even Prime Ministers.In this episode: 0:01 - Finance professionals and system failure. Who foots the bill? 0:40 - Ken Gamble: This is the most profitable crime on Earth - high profit, low risk and no Australian Government is willing to chase the overseas gangs responsible. 1:27 - Kim and Kessada Sawyer: Lost $2.5 million 2:17 - The scams targeting Australians: Fake term deposits, AI trading, romance cons. 3:13 - Sylvia Chou: Chartered accountant loses $2.6 million: Westpac & NAB chase her for debt. 5:16 - Australian Banking Association: Scams don't come from banks. Alrighty, then 6:42 - Banks return money to scammers! How legal loopholes let criminals win. 7:51 - Cyber expert Simon Smith: There's NO protection. If you transfer money, its gone. 9:23 - Ken Gamble: Banks are hiding to avoid liability. 12:47 - Investment scams: Fake trading platforms, AI-generated voices, and deepfake Elon Musk ads. 18:43 - Bank limits on crypto too little, too late. ABA claims they reduce fraud, but victims disagree. 20:58 - Gary Meachen: Lost $400,000+ to a fake crypto platform. 22:41 - Fraud University: How scammers are trained like professionals. 23:30 - War and money: From WWII counterfeiting to modern-day financial warfare. 24:38 - Final thoughts: Silence helps scammers win. Exposing what happens is the awareness everyone needs to improve the system

When mates turn into transnational digital bank robbers, the fallout is inevitable. The case of O'Brien vs Supercheap Security exposes a global trade in mule bank accounts fueling digital fraud, money laundering, and financial crime. In this episode of Daylight Robbery, we unpack how Muhammad Ali Waheed and Hassan Mujtaba Mehdi orchestrated a bank fraud scheme that stole $1.36 million from Australian victims—including half a million dollars from lead plaintiff Jo O'Brien. With insights from cybercrime experts like Ken Gamble, Dan Halpin and Simon Smith, the episode reveals how complex transnational fraud and business associates operate with near impunity while banks look the other way. Who’s really to blame? The criminals? The banks? Or the legal system that enables it all …

Mark Uytendaal lost his life savings in a fake AMP term deposit scam. His story is just the tip of the iceberg. Australian banking laws and weak consumer protections enable organised crime syndicates to plunder everyday Australians’ savings—money meant for homes, retirement, and looking after ageing parents. Banks allow these stolen funds to be laundered overseas, often never to be recovered. This episode dives into the shocking NSW Supreme Court case O’Brien v Supercheap Security. The case reveals how bank impersonation scams have become a powerful tool for transnational crime gangs, operating with impunity, while overwhelmed police and dispute resolution services struggle to keep up. Mark and his mother Kerry lost their dream duplex. Jo O’Brien had her $500,000 divorce settlement stolen. These victims took unprecedented legal action, initially suing NAB for hosting the fraudulent mule account in the name of Supercheap Security. They lost that action, but then took action against three defendants—Hassan Mehdi, Supercheap Security and NAB— to win the case, with the bank struck out to shield them from explaining what happened. Justice Nixon ordering Supercheap Security’s director, Hassan Mehdi, to repay the victims’ losses, interest, and legal costs. Here’s the kicker: Mehdi hasn’t paid a cent, owning no property in Australia and facing a bankruptcy process that could take years. The banks don’t have to pay a thing. Victorian Police can’t do a thing. Victims are left holding the (very empty) bag.

From gullible to guilty: how a work-from-home job scam stole $255,000 and turned a Melbourne mum into a money launderer for Chinese organised crime scammer, Neala. Discover the dark world of socially engineered job scams—a growing crisis costing victims billions. Discover how manipulative Neala used WhatsApp and deep knowledge of how Aussie banks work to steal from people she recruits through work-from-home job ads on Facebook. With insights from John Hempton, founder of Bronte Capital, this episode reveals the chilling truth about how fraud impacts financial markets, as well as people. Loveeta, a Melbourne mother who lost $255,000 to a fake remote job opportunity. What began as a promising way to support her family spiralled into financial and emotional devastation. Her story is just one part of a global cybercrime epidemic of mule accounts, WhatsApp groups, and social engineering tricks to deceive people.

Organised criminals are mimicking banks so convincingly that even finance professionals fall victim to their digital bank robberies. This gripping episode uncovers the extraordinary stories of Australians like Jacomi and David, who fought back against the odds to reclaim their stolen fortunes.

Jacomi is a finance professional conned out of $760K after her husband’s death. Her relentless pursuit—helped by media and a Treasury insider—led to a miraculous recovery.

David spent 5 years to recover $1M lost to a fraudulent investment scheme, exposing banks that ignored regulator warnings.

Despite the trauma, these victims uncovered systemic failures in fraud prevention, and their resilience is a wake-up call for us all. Learn how to protect yourself and uncover the flaws in Australia’s fight against financial crime.

We lift the lid on the hi tech heists stealing billions from unsuspecting Australians, targeted for their valuable real estate and savings. Daylight Robbery explores the raft of digital bank robberies happening across Australian banks. We interview investigators, victims and finance experts to explain how shady scam syndicates operate across borders to commit digital bank robbery at an industrial scale. We lift the lid on the complex web of legitimate companies using sock puppets, tech-savvy mules and artful forgeries to financially ruin Australians and take their hard-earned money offshore to be used to fund war, human trafficking, sex crimes and worse.

Australia is under siege from digital bank robbery, a crime where the getaway car is nearly always a mule bank account. Organised crime syndicates operate shadow call centres from South East Asian countries but come from Britain, Russia, China and Israel and target first home buyers, retirees, and anyone needing to do a large bank transfer. They steal billions from Australians every year. In this episode, Ken Gamble and Dan Halpin, leading Australian investigators fighting back against industrial-scale scams explain how overseas criminal networks exploit Australian law and banking loopholes to steal millions. We also explore shocking revelations about banks ignoring early warnings, the devastating emotional toll on victims like Harriet, and the global crime web fueling human trafficking, terrorism, and drug cartels. Produced and researched: Alex Brooks - www.contentrenegade.com and www.alexbrooks.com.au Original cinematography and sound: Kevin May Stock footage & music: Artlist, Canva Pro Robbery - bank exterior.wav by Kevin_Manickam from freesound License: Creative Commons 0 Audio mixed by Bryan Murphy