Fraud/Crime / General

What is a ‘money mule’, and how to avoid becoming one?

The use of ‘mules’ in committing criminal activities is common across the world, and it continues to pose major challenges to efforts to curb fraudulent activities.

South Africa strengthens financial crime prevention

Professional syndicates drive insurance fraud higher

If you work as a short-term insurance broker, or sit on the claims desk of one of the country’s larger non-life insurers, then you will not need this writer to tell you that contract crimes such as business and household robberies and car- and truck-jackings are on the rise. Some of the reasons for South Africa’s surging crime statistics were interrogated during the two-day-long Insurance Crime Bureau (ICB) 2023 Annual Conference, which focused on the role of professional crime syndicates in crime, and on fraud trends in the broader financial services industry, alongside countless related issues.

Gratitude For 15 Years of Collaboration in Combatting Fraud and Related Crimes