INSIDE YOUR POCKET: Fraudsters remain active as South Africans face new year financial pressures.
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GUEST – Manie van Schalkwyk - CEO of the Southern African Fraud Prevention Service (SAFPS).
As South Africans return from the festive season with renewed energy, many households are confronted with the financial realities of a new year. For thousands of families, the beginning of the year is marked by registration fees, textbook purchases, and accommodation deposits for students entering universities and colleges. Yet, alongside this excitement, fraudsters are seizing the opportunity to exploit vulnerable consumers.
As South Africans return from the festive season with renewed energy, many households are confronted with the financial realities of a new year. For thousands of families, the beginning of the year is marked by registration fees, textbook purchases, and accommodation deposits for students entering universities and colleges. Yet, alongside this excitement, fraudsters are seizing the opportunity to exploit vulnerable consumers.
