Why kidnapping for ransom in SA is quickly becoming a quick cash solution for criminals

--:--

GUEST - Chad Thomas- IRS forensic investigator AND Nerosha Maseti: Lead Ombudsman - Banking Division, National Financial Ombud Scheme (NFO).

According to media reports there has been a significant increase in kidnappings in South Africa, where criminal syndicates have targeted South African entrepreneurs. The banking division of the National Financial Ombud Scheme (NFO) has received some complaints relating to kidnappings where consumers disclose their confidential banking information under duress. We investigate why SA has seen a surge in this crime.

14 Aug 2024 3PM English South Africa Business News · Investing

Other recent episodes

BHF loses low-cost benefit options battle as state punts NHI

The government insists that the proposed low-cost benefit options (LCBOs) do not adequately cover low-income members of the population, arguing that the proposals would only line the pockets of medical aid schemes. Dr Katleho Mothudi provides more details on the specific features and goals of the low-cost benefit options (LCBOs)…

3 Apr 2PM 14 min

Importance of precision, fairness and confidentiality in the drafting and handling of investigation and evidence reports

A recent high court judgement brought the issue of employee disciplinary hearings into sharp focus when an employee who had been dismissed took their employer to court for defamation. The employee alleged that the disciplinary report’s contents were defamatory and that its dissemination had damaged his reputation and integrity. Gugulethu…

3 Apr 2PM 11 min

All episodes

Why kidnapping for ransom in SA is quickly becoming a quick cash solution for criminals

Other recent episodes

BHF loses low-cost benefit options battle as state punts NHI

Importance of precision, fairness and confidentiality in the drafting and handling of investigation and evidence reports

Economic Growth and Trade Agreements impact

Impact of new US tariffs on South Africa’s mining exports, particularly in metals and minerals

How will Trump's tariffs affect South Africa's agricultural exports to the US

Products

Resources

Company