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.