Social media scams are on the rise

Social media scams are on the rise

There's never been a better time to be a scammer on social media. And it's not just events being falsely advertised, it's clothing, electronics, and more. FOX 5 NY's Jessica Formoso has the story.

February 29, 2024 22

Business / Economics

Know the most common types of bank frauds

By Bank Windhoek’s Forensics Services Manager, Johnny Truter. International law states that any illegal act involving deception to obtain money from a financial institution or a bank's depositors is categorised as bank fraud. Like other fraud offences, bank fraud involves using a trick to obtain money illegally. Nowadays, fraudsters are continuously coming up with different ways to steal people’s hard-earned money. The following looks at the most common trends used […]

February 27, 2024 21

Lifestyle

What ‘psychological warfare’ tactics do scammers use, and how can you protect yourself?

christinarosepix/Shutterstock By Mike Johnstone, Edith Cowan University and Georgia Psaroulis, Edith Cowan University Not a day goes by without a headline about a victim being scammed and losing money. We are constantly warned about new scams and staying safe from cybercriminals. Scamwatch has no shortage of resources, too. So why are people still getting scammed, and sometimes spectacularly so? Scammers use sophisticated psychological techniques. They exploit our deepest […]

February 21, 2024 9

Namibia

Beware of Scams: Ministry Warns Against Fraudulent Youth Development Grant Applications

The Sport, Youth and National Service Ministry of issued a warning regarding scammers falsely soliciting online applications for a youth development grant for the year 2024/2025. Aina Shikesho, the ministry’s Chief Public Relations Officer, alerts the public, particularly young individuals, to exercise caution and avoid falling victim to deceptive schemes. Shikesho detailed the fraudulent practices, including enticing individuals to click on misleading links featuring an image of Minister Agnes Tjongarero. […]

February 14, 2024 12

Namibia

Oshana police urges vigilance over scammers

As people rush to stores to buy their children's back-to-school supplies, the Namibian Police Force (NamPol) in Oshana Region has advised the public to be on the lookout for scammers. Oshana NamPol's Community Affairs Officer, Inspector Thomas Aiyambo, stated that parents and guardians have to be cautious against being duped into believing that the are people selling less expensive school uniforms behind shopping centres. According to Aiyambo, this comes after […]

January 11, 2024 14

South Africa

South Africans falling victim to deep-fake scams

With fake images and videos of celebrities being used to try and build legitimacy for scams that try to steal people's money or personal data, South Africans in particular are currently falling victim to campaigns featuring the likenesses of Elon Musk and President Cyril Ramaphosa. News24 reports that one such deep-fake scam involving Musk purports to be an SABC broadcast of the Tesla CEO advertising an investment scheme which promises […]

December 4, 2023 8