• Power to Gordhan

    SONA 2016 has set it all up for Pravin Gordhan, it shows just how powerful he may be, says Daniel Silke.

  • Inside Labour

    The history of Valentine Day cards gives a glimpse of how technology resulted in job cuts, says Terry Bell.

  • Courage to do right

    A number of factors will impede Zuma’s opportunity to have a ‘Lula moment’, says Prof Dirk Kotze.

All data is delayed
Loading...
See More

Banking clients robbed of R180m in 2010

Feb 28 2012 08:27
Sapa

Johannesburg - Banking clients were collectively robbed of R180m in 2010, the Johannesburg Magistrate's Court has heard, according to a report.

Testifying in court on Monday, SA Banking Risk Information Centre commercial crimes general manager Susan Potgieter said the figure was up from R40m in 2009, The Sowetan newspaper reported.

She said in 2009, 1 500 banking customers lodged complaints about phishing.

Phishing is an email scam to obtain people's usernames, passwords, and credit card details by directing them to almost identical replicas of company websites.

Potgieter was testifying in the case against four men accused of defrauding 10 Vodacom customers out of around R380 000.

Mbokodana Khoza, Mbusi Bhengu, Gregory Oduore and Thabiso Gwebuza allegedly did this by intercepting sms communication which gave them access to confidential banking information.

 
sabric  |  fraud  |  banks  |  phishing

NEXT ON FIN24X

 
 
 

Read Fin24’s Comments Policy

24.com publishes all comments posted on articles provided that they adhere to our Comments Policy. Should you wish to report a comment for editorial review, please do so by clicking the 'Report Comment' button to the right of each comment.

Comment on this story
0 comments
Comments have been closed for this article.
 

Company Snapshot

We're talking about:

SMALL BUSINESS

Marketing is a big concern in SA's small business community, followed by a lack of confidence and partnering with the wrong people, according to a survey.
 

Money Clinic

Money Clinic
Do you have a question about your finances? We'll get an expert opinion.
Click here...

Voting Booth

Will Jacob Zuma's State of the Nation speech help SA avoid "junk" downgrade?

Previous results · Suggest a vote

Loading...