Cybercriminals are using coronavirus-based scams to trick people into clicking on links in emails or SMSs appearing to offer medical supplies and vaccines.
Tag - scam
The new enforcement head at the FSCA has made it clear that he'll be taking a tough stance against anyone defrauding South Africans of their hard-earned cash.
In the current economic climate, many South Africans need to borrow money out of desperation just to help them survive. It is here where scam artists and unscrupulous marketers prey on the public,
Fraudsters can come up with all sorts of smoke and mirrors and use all kinds of fancy jargon to pull the wool over even financially sophisticated people’s eyes.
As the returns from Bitcoin and other cryptocurrencies hit stratospheric levels, scamsters have crawled out of the woodwork to take advantage, as the lure of big profits makes people less cautious and more willing to hand over their money without doing their homework.
In many cases the only people who make money out of expensive trading software are those selling the software, not those using it.
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.
Our need to believe in miracles and magic makes us susceptible to tricksters.
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.