The Southern African Fraud Prevention Services (Safps) has warned of a new email scam doing the rounds in South Africa which offers “victims of fraud” a reimbursement. Safps said emails using its letterhead claim to offer victims of fraud up to R5 million in compensation, and asks them to submit their name, age, address, occupation, and contact number. “Unsuspecting consumers often reply and this provides the scammers with the opportunity to obtain more personal information for identity fraud and also to hook the customer into sending money to cover someRead More
The sad and shocking story of how an international betting ring manipulated warm-up games ahead of the 2010 Soccer World Cup is told by Ray Hartley in his book ‘The Big Fix’. Here is an edited extract from the book “Chaibou walked into a bank in a small South African city carrying a bag filled with as much as $100000 in $100 bills, according to another referee travelling with him. The deposit was so large that a bank employee gave Mr Chaibou a gift of commemorative coins bearing the likenessRead More
A Nedbank client claims he is owed at least R600 000 after the bank told him it would no longer deduct insurance payments on his account but continued to do so. Kariem Kagee, who owns two petrol stations in Cape Town, said a bank employee contacted him in 2010 to say insurance payments on the cash handling of his accounts would no longer be deducted. He needed to get external insurance. Kagee claims the insurance was not cancelled and he ended up paying dual insurance until now.
South Africans who made use of the Panamanian law firm Mossack Fonseca to hide their riches from Sars have a nail-biting four-month wait before an amnesty announced by Finance Minister Pravin Gordhan in his February Budget kicks in. If they take advantage of the voluntary disclosure window – which will run from October 1 to March 2017 – they will be able to declare funds they have moved out of the country without paying appropriate taxes and face a more lenient penalty. But if Sars gets to them before theRead More
In the space of just 24 hours, at least six people, including a young mother and police officer, have been murdered in several shootings and robberies across Gauteng. A woman picking up her teenage daughter from Springs Girls High School was shot and killed by suspected robbers. Her 7-year-old daughter was critically wounded. Another fatal shooting in Randburg claimed the lives of two other people yesterday.
Protests are becoming more frequent and more violent – but the police have admitted that they do not have enough manpower to cope. With local-government elections approaching, a leading criminologist says the outlook is ominous. Public order policing has been under the microscope since the killing of 34 miners at Marikana in 2012.
Industrial Development Corporation (IDC) officials met executives‚ officials and shareholders of Gupta-owned Oakbay Resources and Energy ahead of providing financial assistance to the company‚ IDC CEO Geoffrey Qhena said. His comments were contained in a reply to a question to Economic Development Minister Ebrahim Patel by Democratic Alliance economic development spokesman Michael Cardo. DA MPs have asked a series of Cabinet ministers whether they had met any members of the Gupta family within the context of allegations that they had captured the state through their close association with President JacobRead More
Acting Brazilian president Michel Temer’s government faced its first major crisis Monday when a key minister stepped aside following a leaked recording in which he appears to discuss using Dilma Rousseff’s impeachment to derail a huge corruption probe. Planning Minister Romero Juca said in a hurried appearance before television cameras that he would step aside from Tuesday. Although he did not resign, he was not expected to return, the Globo news site reported, quoting sources close to Temer. The scandal threatened Temer just 11 days after taking power from Rousseff,Read More
Sabric said the R300 million stolen from ATMs in Japan with counterfeit South African credit cards was an incident of transnational organised crime that was well planned and executed. The South African Banking Risk Information Centre (Sabric) said it is aware of the massive card fraud that recently took place in Japan. This followed a statement by Standard Bank, saying it was the victim of a sophisticated, coordinated fraud incident.
Two incidents of rental scams in Midrand leave tenants reeling. FPI Property Investments, a property company in Carlswald, told Midrand Reporter that a pregnant woman came to their offices to collect the keys to a property she had paid to rent, apparently from the property company. The company’s managing director Nicholas Foce explained, “We obviously didn’t know what she was talking about, as we didn’t sign a lease with her. She told us she saw our advert [on a property website] but ended up responding to a cheaper offer onRead More
A damning forensic report about financial wrongdoing at controversial Auction Alliance (AA) has implicated a string of auctioneers, liquidators, attorneys, bank officials and prominent individuals in hundreds of millions of rand of secret commission payments. Although some similar transactions have been reported in the past, the forensic report, a copy of which Business Day has seen, shows how they were only the tip of the iceberg involving financial wrongdoing at the firm. Auction Alliance and its founder and MD Rael Levitt brought an urgent interdict in the High Court inRead More
A series of housebreakings‚ aggravated robberies‚ rapes and sexual assaults earned a man five life sentences and an additional 103 years imprisonment. Nkosinathi Mthembu‚ 35‚ appeared in the high court in Durban on Friday for sentencing. He preyed on women in the Tongaat area‚ about 40km north of Durban‚ from March 2014 to February 2015.