Yesterday, Christine Rose shared her family was scammed out of $40,000 as they were purchasing their first home. 

Australian Banking Association CEO Anna Bligh joined Gary Hardgrave on 4BC Drive to discuss the advancement of banking scams.

'It's Whac-A-Mole, as soon as the door is closed on one type of scam these criminals will do their best to find another way. Once upon a time criminals who wanted your money would come through the front of a bank with a shotgun. Now, they're doing what they can to trick us at a scale we've never seen before." Ms Bligh said. 

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