What six banking disputes reveal about how the ombud thinks
The NFO’s 2025 annual report offers a glimpse into the disputes that reach the banking ombud – and the lessons they hold.
#investmentscams
SA tops global fraud charts as FSCA flags social media investment scams
The FSCA warns South Africans to stay vigilant as unauthorised individuals and entities exploit social media and digital platforms to solicit high-risk investments.
FSCA issues multiple public warnings about unauthorised operators
South Africans should verify anyone offering financial services or investment opportunities.
‘Be sceptical’: FSCA flags fresh spike in social-media investment scams
A string of new cases shows how fraudsters are mimicking brands, cloning FSP numbers and impersonating officials to steal funds.
No one is safe: FSCA sounds alarm on a surge in impersonation and investment scams
Fraudsters are increasingly impersonating reputable financial firms and executives to lure investors.
FSCA issues multiple warnings amid rise in year-end fraud attempts
As festive spending ramps up, the FSCA has issued a string of warnings about impersonators and unauthorised entities preying on consumers.
How FSPs and consumers can fortify against online risks
Nine steps financial services and crypto asset providers can take to curb the deceptive use of their name and branding.
Deepfake deception and social media scams: the seductive face of investment fraud
From impersonating financial institutions to AI-generated videos of trusted figures, fraudsters are exploiting technology and social networks to steal investors’ hard-earned money.
US financial company’s name hijacked in impersonation scam
The FSCA says the scammers are also misusing the FSP number of a Bloemfontein-based financial planning business.
‘Investment’ scammers impersonate companies on Telegram
The FSCA also alerts the public to individuals who may be providing financial services without authorisation.
FSCA flags unauthorised investment schemes and funeral policies
An entity must be authorised by the FSCA and the Prudential Authority to issue insurance policies in South Africa.
Expect ‘investment opportunities’ punted via social media and messaging apps to be scams
ASISA provides a list of tell-tale signs that someone is trying to defraud you.
Public warned against doing investment business with these entities
The unlawful impersonation of authorised FSPs to convince the public to part with their money is increasing.
