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Medscheme, a leading healthcare administration company within the AfroCentric Group, welcomes the sentencing of Mr. Lesiba Morgan Gololo, a speech therapist and audiologist, who was yesterday sentenced on four counts of fraud related to false claims submitted to medical schemes.
As 2025 has set in and South Africans find their feet after ‘Januworry’, financial scams remain a threat. The 2024 Identity Fraud Report noted fraud rates in South Africa soared by more than 300%.
Valentine’s Day—a time for romance and connection—also creates a fertile ground for scammers looking to prey on vulnerable hearts.
Stakeholders in the South African life and non-life insurance sectors will have their work cut out for them to address the risk posed by fraud and organised crime over the coming years. In its 2024 Annual Report, the Insurance Crime Bureau (ICB) warned that the industry could potentially lose R3.5 billion if the dual threat of fraud and organised crime is left unchecked.
The strongest deterrent against FSP compliance missteps is or should be: