Tag: fake website

Con artists and scammers are becoming more skilled at manipulating bank details and private information from consumers. It is important to understand the risks and recognise the warning signs. Fraud and scam statistics in South Africa are alarming.

As Small and Medium Enterprises (SMEs) increasingly migrate to digital channels, fraudsters have taken advantage of the opportunity to revive the old Advanced Fee Fraud (419 scam), duping businesses to make upfront payments for good and services, without the intention to deliver, or pay sums of monies, in advance, to facilitate the payment of loans or promised funds.