Steven Fan
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Steven Fan is a Northland retiree who became a victim of an investment scam, losing nearly $1 million after being lured by false promises of high-interest bonds purportedly backed by the Australian government.
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Recent news mentions
Steven Fan was duped by an elaborate investment scam and now cares full time for his sick wife.
Auckland businessman Carel Viljoen sacked from Beca, warned to expect prison sentence for role in $2 million scamThe New Zealand Herald – country’s largest newspaper, est. 1863·
New Zealand· 2025-06-11
New Zealand· 2025-06-11
Steven Fan lost $1m in retirement savings due to a delayed scam warning from the FMA.
FMA criticised for delayed investment scam warning after retiree loses $1mThe New Zealand Herald – country’s largest newspaper, est. 1863·New Zealand· 2025-03-31
New Zealand· 2025-03-31
Steven Fan is one of the victims of the fraud involving Carel Viljoen.
Westpac bank under fire over $2m fraud, Auckland money launderer Carel Viljoen on leave from BecaThe New Zealand Herald – country’s largest newspaper, est. 1863·New Zealand· 2025-03-26
New Zealand· 2025-03-26
Fan says the scammers were skilled con men and he is deeply ashamed and humiliated at being duped.
ASB, TSB help fraud victims send $2m to scammers, accused money mule admits to Westpac he’s a ‘middle’ manThe New Zealand Herald – country’s largest newspaper, est. 1863·New Zealand· 2025-03-08
New Zealand· 2025-03-08
Fan transferred just shy of $1m on January 13, 2023, believing it was a secure investment.
Auckland businessman found guilty of money laundering in connection with $2m investment scamThe New Zealand Herald – country’s largest newspaper, est. 1863·New Zealand· 2025-03-06
New Zealand· 2025-03-06
