Mother sues banks over son’s eBay scam

A woman is suing Australia’s big four banks for their alleged role in a $200,000 money laundering scam masterminded by her teenage son.

The woman, from the NSW south coast, has launched an action in the Supreme Court seeking damages and wants an apology from the Commonwealth Bank, ANZ, Westpac and NAB for unconscionable conduct after they allegedly handed her son dozens of bank accounts and debit cards without reasonable scrutiny.

In 2007, the then 14-year-old was selling fictitious products on eBay and, at one stage, earning more than $6000 a day — via redwolf.newsvine.com