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Your hot date may be a hotline to becoming a scam victim

13 February 2024

Technology has disrupted many aspects of traditional life. When you are sitting at dinner and seeing a couple going out on a "first date", consider that this may be their first in-person date and that they have been interacting (dating) online for months.

RAF applauds the sentencing of three fraudsters for attempting to steal R31 million from the fund

12 February 2024

A family consisting of a mother and daughter, and the daughter’s husband have received jail sentences for fraudulently attempting to claim R31m from the Road Accident Fund (RAF). The trio submitted 537 fraudulent claims from 40 road accidents.

RAF disappointed by fine for fraud conviction

08 February 2024

The Road Accident Fund (RAF) is disappointed with the R60 000 fine given to an East London man found guilty of submitting a fraudulent RAF claim worth R5 million. The Fund is concerned that the lenient sentence sends the wrong message to would-be fraudsters.

Crime rampant across insurance disciplines

29 January 2024

The lengths that criminals go to in their quest to steal money from banks, insurers and other financial institutions is staggering. Nowadays, criminal syndicates use a variety of tools to get the job done including cross-border transactions, document forging, identity theft, insiders and money mules, to name a few.

quick poll

Question

The strongest deterrent against FSP compliance missteps is or should be:

Answer

A criminal conviction Debarment Fine or penalty Any of the above can work

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