DStv Channel 403 Thursday, 16 January 2025

New scam promises free money from big companies

JOHANNESBURG - There has been a rise in scams where fraudsters exploit the names of listed companies, and their directors to mislead the public on social media platforms.

WATCH | Travel Scam | "I was duped of R26k just like that”

Scammers falsely promise significant dividend pay-outs to individuals thinking they're buying shares, creating confusion and financial ruin in many instances.

Nils Flaatten from Business Against Crime South Africa discussed this with eNCA.

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