There is a significant increase in fraud as criminals take advantage of a risk heavy environment. This is according to the Southern African Fraud Prevention Service (SAFPS).SAFPS says over the past year South Africans faced increased risk when it comes to becoming a victim of fraud. Manie van Schalkwyk, CEO of the SAFPS says this is particularly concerning given the economic climate that we are currently facing. He says consumers are facing a significant cycle of high inflation and are looking for ways to make ends meet. This makes them increasingly vulnerable to scams and schemes which are being carried out by highly motivated, highly skilled fraud syndicates.
For more news, visit sabcnews.com and also #SABCNews on all Social Media platforms.
