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Crisis due to cheque fraud

A Fin24 user from Durban was shocked to discover that his business became the target of cheque fraud. He writes:

I own a business and cheque fraud of about R58 000 was committed. This amount ended up fraudulently being withdrawn from my business account at Absa. I am desperate and finding it difficult to get it sorted out.

Dante Mashile, regional head: marketing and corporate relations at Absa, responds:

Please note that we have resolved the client’s complaint. All credits have been processed, including the service fee charges for the fraudulent cheques.

* Fin24 verified with the business owner that the problem has now been solved.

"I am happy now. Absa contacted me and sorted it out. I will go to the bank and find out how I can prevent this from happening again," the Fin24 user said.

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