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Online scams to watch out for in SA

In light of ASISA’s recently published consolidated statistics of fraudulent and dishonest claims, Herman Lombard, Founder and Executive Director of financial services provider African Unity, also emphasised this phenomenon in a recent media release. However, he stresses that economic fraud doesn’t just stop there. The internet and social media have provided a whole new world […]

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WhatsApp stokvels – Don’t get caught in the scam

The National Stokvel Association of SA (Nasasa) has warned people not to fall for the “quick buck” WhatsApp stokvels scam. According to a media report the scam operates as an alleged ‘savings club’ or stokvel, where users join the club with R200 and are encouraged to invite as many other people as possible to join. […]

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