Results for defrauded

News

SA can prevent payments fraud crippling businesses, local municipalities
SA can prevent payments fraud crippling businesses, local municipalitiesArticle

Technology can be a powerful tool against the fraud and corruption plunging South Africa's municipalities and businesses into financial crisis...

Ryan Mer 6 May 2021

Dr Tumi appears in court for fraud
Dr Tumi appears in court for fraudArticle

Gospel artist and medical doctor, Dr Tumi Makweya and his wife have been released on bail after being arrested for allegedly defrauding the National Lotteries Board (NLB)...

Onalenna Mhlongo 7 Apr 2021

Would you leave your children's inheritance in the hands of the government?
Would you leave your children's inheritance in the hands of the government?Article

Who would take on the parental mantle you leave behind and who would make sure that any inheritance you have accumulated for your children is actually received by them and managed properly to their benefit?...

Alex Simeonides, Issued by Capital Legacy 25 Mar 2021

Case law suggests South Africa must do more about disrupted schooling
Case law suggests South Africa must do more about disrupted schoolingArticle

South Africa has to balance a number of factors when considering how to handle schools during the pandemic...

Mariëtte Reyneke 7 Oct 2020

UIF temporarily suspends payment of Covid-19 TERS relief fund
UIF temporarily suspends payment of Covid-19 TERS relief fundArticle

The Unemployment Insurance Fund (UIF), working with the Department of Employment and Labour, has temporarily halted payments for the Covid-19 TERS relief benefits, until it addresses the system control concerns recently raised by the Auditor-General...

11 Sep 2020

Bonitas preserves financial stability and reserves in a weak economy
Bonitas preserves financial stability and reserves in a weak economyArticle

Bonitas Medical Fund reported its financial results for 2019, announcing bolstered reserves of R4.3bn during extremely difficult trading conditions...

Issued by Bonitas 7 Aug 2020

Correctional Services warns suppliers of PPE scam
Correctional Services warns suppliers of PPE scamArticle

The Department of Correctional Services has warned its suppliers and potential suppliers about scammers pretending to be representatives of the department and issuing fraudulent Request for Quotations (RFQs)...

10 Jul 2020

Kariem Hoosain, partner at Mazars
Under-regulated internal auditing sector plays part in corporate fraudArticle

Considering the high profile scandals that have dominated news headlines in the last few years, from VBS Mutual Bank to Eskom, it does not seem unreasonable to say that South Africa may have a corporate fraud problem...

28 Nov 2019

Fraud, waste and abuse - ubiquitous in South AfricaArticle

The BOSASA hearings and the corruption, racketeering and money laundering associated with it since 2000, have again highlighted the culture of fraud, waste and abuse in South Africa. BOSASA is a controversial group of companies on the West Rand of Johannesburg that secured a number of major tenders with the Government over the past decade.

Issued by Bonitas 11 Apr 2019

Safeguard your hard-earned cash from fraudsters
Safeguard your hard-earned cash from fraudstersArticle

As members of the public, and companies alike, turn increasingly to the virtual marketplace to supply many of their product requirements, so too has there been an increase in the incidence of consumers being defrauded...

Issued by LexisNexis 21 Nov 2018

Fay Mukaddam, CEO of 4AX
Are cryptocurrencies the next step in colonialism or the road to upliftment?Article

The business world has moved beyond the idea that if it isn't made of bricks and mortar, then a company has no value...

24 Jul 2018

Do residential homeowners need to be concerned about land expropriation?
Do residential homeowners need to be concerned about land expropriation?Article

Some South Africans are concerned that expropriation without compensation is a threat to residential property, but are these concerns valid?...

Issued by Private Property South Africa 21 Feb 2018

US policymakers ponder tougher rules for cryptocurrencies
US policymakers ponder tougher rules for cryptocurrenciesArticle

NEW YORK - US regulators on Tuesday joined a growing chorus of officials saying they may need new powers to regulate cryptocurrencies which pose risks the investing public does not recognise...

7 Feb 2018

Two in the dock for fraud, illegal land sales
Two in the dock for fraud, illegal land salesArticle

The Hawks in Newcastle have arrested two suspects in Vryheid for rental fraud and illegal land sales amounting to about R4 million...

1 Feb 2018

Roland guilty of insurance fraud
Roland guilty of insurance fraudArticle

Former Nelson Mandela Bay municipal spokesman Roland Williams was so indebted to controversial tow truck company owner Raven Rungan that they hatched a fraudulent plan to damage his luxury car to claim more than R96,000 from his insurance company...

Devon Koen 23 Jan 2018

Ex-VW exec sentenced to seven years for 'dieselgate'
Ex-VW exec sentenced to seven years for 'dieselgate'Article

A US court on Wednesday sentenced former Volkswagen executive Oliver Schmidt to seven years in prison for his role in the German automaker's "dieselgate" emissions cheating scandal...

Douglas Gillison 8 Dec 2017

Tips for shopping online safely this festive season
Tips for shopping online safely this festive seasonArticle

Online retail is a huge business today, with an increasing number of consumers across the world turning to the internet to buy products and services...

2 Nov 2017

Medical aid waiting periods and late-joiner penalties: What. How. Why?
Medical aid waiting periods and late-joiner penalties: What. How. Why?Article

The world of medical schemes in South Africa is a very different one to 25 years ago. There are strict rules and regulations governing the industry, there to protect both the members and the financial sustainability of the scheme...

Issued by Bonitas 26 Oct 2017

Hefty sentence for corrupt prosecutor
Hefty sentence for corrupt prosecutorArticle

The Hawks in Gauteng have welcomed the sentencing of two officials, including a prosecutor, for corruption...

4 Oct 2017

Rustic Homes changes ownership
Rustic Homes changes ownershipArticle

Rustic Homes, a player in the timber home design and construction market in South Africa, has recently undergone a change of ownership...

28 Jun 2017

Tax fraud charges back on the roll
Tax fraud charges back on the rollArticle

Tax fraud charges have been reinstated against suspected gang boss Shaun Ah Shene, just five months after the Director of Public Prosecutions (DPP) opted to withdraw the criminal case...

Kathryn Kimberley 12 Jun 2017

Sub-Saharan Africa third highest exposure to cyber fraud
Sub-Saharan Africa third highest exposure to cyber fraudArticle

Given that sub-Saharan Africa has the third highest exposure to incidents of cyber fraud in the world, the revised draft Cybercrimes and Cybersecurity Bill is a welcome addition to the prevention of cybercrime...

Krevania Pillay 18 Apr 2017

Travel industry particularly vulnerable to fraud, cybercrime
Travel industry particularly vulnerable to fraud, cybercrimeArticle

According to the Department of Tourism's annual report, both international arrivals and domestic tourism numbers are up. This rise in tourism has, unfortunately, also lead to an increase in instances of fraud...

13 Sep 2016

tookapic via
VW hits brakes as parts supplier fails to deliverArticle

Volkswagen said production at several factories has been severely disrupted due to a shortage of components, a new headache for the German car giant...

19 Aug 2016

Finding and fighting payroll fraud
Finding and fighting payroll fraudArticle

The 2016 ACFE Global Fraud Study revealed that 12% of fraud detection in small business came from an internal audit, whereas in larger enterprises this was 18.6%...

Yolande Schoültz 23 May 2016

The impact of increased tariffs on e-commerce
The impact of increased tariffs on e-commerceArticle

The impact that increased tariffs and taxes have on the economy cannot be over-emphasised. One fast-growing facet of most economies in Africa is e-commerce...

Bennet Otoo 8 Feb 2016

Airline ticket payment is set to transition
Airline ticket payment is set to transitionArticle

Figures obtained from the Airports Company South Africa indicates that more than 743,000 passengers bought tickets for domestic flights in August this year...

2 Nov 2015

Blood on the tracks
Blood on the tracksArticle

The war within rail agency Prasa continues. Its former CEO, Lucky Montana, staggered into the Hillbrow Police Station yesterday with a pile of files to open a case of fraud...

31 Jul 2015

Is customer self-service worthwhile?
Is customer self-service worthwhile?Article

Is self-service the panacea for customer service? There is no doubt that there is a place for it in today's world of business, especially with items that are difficult, inconvenient, or time-consuming...

Aki Kalliatakis 15 Jun 2015

Curbing crime at Mall of the North
Curbing crime at Mall of the NorthArticle

Launched by SAPS and shopping centres in Polokwane, a new initiative is aimed at creating a safer environment for Polokwane residents and visitors alike...

28 Jul 2014

Fortinet warns against cyber-fraud during tax filing season
Fortinet warns against cyber-fraud during tax filing seasonArticle

Fortinet, the high-performance network security company, has issued a warning to taxpayers to be aware of the increase in cyber-fraud during the tax filing season.

16 Jul 2014

100 telemarketing companies blacklisted for bogus debit orders
100 telemarketing companies blacklisted for bogus debit ordersArticle

The Payments Association of South Africa (PASA) has blacklisted more than 100 telemarketing companies for illegally debiting consumers for goods and services that were not provided or for outright fraudulent transactions where banking details were obtained illegally.

28 May 2014

Be smart about scams, cyber crimes on the increaseArticle

The technological era, in which smartphones enable us to have access to our bank accounts, also comes with challenges.

25 Sep 2013

Be smart about scams, cyber crimes on the increase
Be smart about scams, cyber crimes on the increaseArticle

The technological era, in which smartphones enable us to have access to our bank accounts, also comes with challenges.

23 Sep 2013

CPA does not apply to once-off home sales - Fourie
CPA does not apply to once-off home sales - FourieArticle

The Consumer Protection Act, which came into effect on 1 April 2011, is designed to protect consumers from misrepresentations and sub-standard products. Some confusion has arisen with regard to home sales, with some people believing that any home sale is subject to the provisions of the act. According to the Rawson Property Group's Business Systems Implementation manager, Barry Fourie, this is not the case.

9 Jul 2013

Cellular companies must protect clients' personal dataArticle

With the promulgation of the Protection of Personal Information Bill (POPI) later this year, the protection of consumers' personal information is becoming increasingly important. In light of the increase in cellphone banking fraud in South Africa, this has become particularly relevant for companies in the telecommunications space.

8 Jul 2013

Convicted fraudsters named and shamed
Convicted fraudsters named and shamedArticle

The Justice, Crime Prevention and Security Cluster (JCPS) today released a list of all the people who have been convicted of fraud and corruption.

11 Jun 2013

Convicted fraudsters named and shamed
Convicted fraudsters named and shamedArticle

PRETORIA: The Justice, Crime Prevention and Security Cluster (JCPS) on Sunday, 9 June 2013, released a list of all the people who have been convicted of fraud and corruption.

10 Jun 2013

Ramaphosa, Mfeleng's trial to resume tomorrow
Ramaphosa, Mfeleng's trial to resume tomorrowArticle

The trial of a duo of former employees of the Department of Labour's (DoL) Compensation Fund (CF) accused of defrauding the department will resume tomorrow, 14 May 2013, in the Pretoria Magistrate's Court with further cross-examination of State witnesses.

13 May 2013

Businesses cautioned about fraud during festive seasonArticle

With the festive season drawing nearer, Coface South Africa, the international credit insurer, has cautioned its clients about the dangers of fraud and specifically white collar crime in the December to January period.

26 Nov 2012

Arrest in $3,8m MTN fraud probe
Arrest in $3,8m MTN fraud probeArticle

The mobile operator's Ugandan subsidiary appears to have been taken for a ride by one of its suppliers after allegedly receiving falsified invoices worth millions of dollars for equipment it never received.

Craig Wilson 12 Sep 2012

Up to R300m taken from pensions: StateArticle

Two men accused of fraudulently taking up to R300 million from a clothing provident fund have appeared in the Cape Town Magistrate's Court, it was reported on Friday, 29 June 2012.

29 Jun 2012

New biometric card to boot out social grant fraud
New biometric card to boot out social grant fraudArticle

The roll out of a new biometric card to social grant beneficiaries from June will help government reduce the risk of fraud in the social grants system and improve the delivery of grants while cutting the costs involved in payouts.

Stephen Timm 11 Jun 2012

April holidays invite white-collar crimeArticle

Over holiday periods, when companies may be short staffed, credit-vetting procedures may not always be strictly adhered to and this increases the dangers of fraud and specifically white-collar crime.

5 Apr 2012

SABC blasts corruption probe
SABC blasts corruption probeArticle

The SABC has blasted the Special Investigating Unit, telling Parliament that its probe into corruption at Auckland Park had not yielded significant value considering the almost R20m paid to it.

Thabo Mokone 7 Mar 2012

Companies need to beware of fraud over festive seasonArticle

As orders increase before the festive season close, companies need to be aware that fraud is increasing, as white-collar criminals take advantage of the rush.

24 Nov 2011

Fraudsters in court for defrauding Department of LabourArticle

Seven people alleged to have defrauded the Department of Labour's Compensation Fund are again appearing in the Pretoria Specialised Crime Court today, 21 November 2011.

21 Nov 2011

Paddy Hartdegen
Four corruption scandals this weekArticle

Attempts to crack down on rampant corruption in various government departments has led to at least four corruption scandals this week as government officials attempt to "come clean" on what's been going on in their ministries.

Paddy Hartdegen 20 Sep 2011

Microsoft investigators uncover emerging form of click fraud
Microsoft investigators uncover emerging form of click fraudArticle

Two new lawsuits allege click launderers tried to cheat advertisers... Microsoft Corp. has filed two lawsuits this week in the U.S. District Court for the Western District of Washington detailing evidence of an emerging form of click fraud in online advertising the company has dubbed "click laundering."

24 May 2010

Next >
Let's do Biz