How to protect your money this festive season?
240 views · Published 28 November 2018 · 7:34 · Indexed 10 October 2026
Channel: SABC News · 2018 · News & Politics
As the festive season approaches, numbers of bank clients are falling prey to scams. The latest is known as the "Money Bomb", where criminals drop a roll of paper covered in genuine bank notes near the victim after they have transacted at an ATM. The criminal then approaches the victim and suggests going to a remote location to share the fake money. They are then robbed of the real money they withdrew and the theft is often violent. Banks warn that different kinds of scams are rife during this time. To discuss this further, we're joined by Dr Christoph Nieuwoudt, CEO of FNB Consumer. For more news, visit: sabcnews.com
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