Financial Fraud

5 Results / Page 1 of 1

Namibia

NamWater Alerts Public on Fake Payslip Scam

  NamWater has warned businesses and individuals to be cautious of fake payslips being used to commit fraud. Scammers are using fraudulent NamWater payslips to deceive people, especially in the short-term loan sector. NamWater spokesperson, Lot Ndamanomhata.  

today27 February, 2025

World

US SEC seeks India’s help in investigating billionaire Gautam Adani

The US Securities and Exchange Commission is seeking India's help in its investigation into Billionaire Gautam Adani who is considered close to Prime Minister Narendra Modi. Adani is accused of being part of a $265 million bribery scheme - an allegation he has called baseless. Ishan Garg tells us more from New Delhi.  

today19 February, 2025

Namibia

Minister Agnes Tjongarero Scammed of over 700 thousand

  The Sport, Youth, and National Service minister Agnes Tjongarero revealed she was defrauded of N$711,200 in personal savings, calling for a return to the practice of hiding money under mattresses. Her personal assistant, Jennifer Gomuses, was also scammed out of N$18,500. Tjongarero joins a growing list of government officials targeted by fraudsters in recent years. Previous victims include Prime Minister Saara Kuugongelwa-Amadhila and Minister Frans Kapofi. The police have […]

today18 December, 2024

Business / Economics

Bank of Namibia warns public about Global Green Network

The Bank of Namibia has warned the public about Global Green Network after finding that it broke the Banking Institutions Act, of 1998. The investigation showed that the company was involved in illegal financial activities. As a result, the Bank advises people to stop dealing with Global Green Network immediately. BoN’s Strategic Communications Practitioner, Josefina Oskar.  

today18 September, 2024

Business / Economics

Bank Windhoek addresses employee theft

Bank Windhoek's Managing Director, Baronice Hans says that the amount of money stolen by an employee, Nico Rebebe is less than N$2 million. She assured that customer funds remain unaffected due to robust systems and controls in the bank. Police crime reports earlier revealed that Rebebe transferred N$200 million, splitting it between two different bank accounts opened on 20 December 2023.

today15 January, 2024