If you are one of the many people in South Africa attracted by the supposed riches available in forex trading, you need to be extremely careful about losing your money to scammers.
Tag - scam
Complaints about Forex trading company Profit Trading
As access to banking services through digital channels continues to grow, so does the need to protect consumers against the prevalence of online banking fraud.
“I really never thought it would happen to me," says Tammy about her experience of being fleeced to the tune of hundreds of thousands of rands in a Ponzi scheme.
There is a big difference between knowingly investing in a high-risk technology business and being sold misinformation.
Insiders have raised the alarm over the business practices of AllQuotes and BuyDirect, online businesses which sell “licenses” to individuals who then participate in the revenue generated from these sites.
There are many fraudsters pretending to be credit providers and asking for money upfront, only to disappear once they have your money.
When looking at investment opportunities, it isn’t always that easy to separate out the sizzle from the steak. What do Bernie Madoff, Barry Tannenbaum and Sharemax have in common? They started as credible organisations run by known people – people who also knew how to create allure and marketing buzz – SIZZZLE. And they all had an emotional...
It was only when Patricia received a call from Wonga’s head of communications that she realised she had been the unwitting victim of a phising scam that has so far conned over 200 people into parting with their money. Two weeks ago Patricia received an SMS from – what she believed to be – short-term lending company Wonga.com. In response to the...
With tax filing season upon us, the annual tax-related cyber-fraud feeding frenzy has begun, warns Jonas Thulin, Security Consultant at Fortinet. “The Receiver of Revenue, financial institutions and security firms have been issuing the same warnings every tax season for years. Amazingly, nothing has changed and people are still being...