Fraud/Crime

The SAFPS highlights the need for a proactive approach to fraud prevention at the 2023 Fraud Summit

South Africans are facing an increasingly risk based landscape when it comes to fraud. "Our research shows that identity theft has grown by more than 300% between 2021 and 2022. Additionally, cases involving money muling have increased by 97% over instances recorded in 2021," says Manie Van Schalkwyk, CEO of the Southern African Fraud Prevention Service (SAFPS).

SAFPS to launch a ground-breaking platform to combat fraud

Traditionally, South Africa has been a popular country among fraudsters looking for every opportunity to try and find their next victim. Statistics from the Southern African Fraud Prevention Service (SAFPS) point out that there was a 600% increase in incidents reported by their members in 2022 when compared to 2018.

Five steps to combat corruption - SA risk body calls for more action

Corruption remains a pervasive and detrimental problem in South Africa and is continuing to undermine economic growth, diminishes public trust, and hinders social progress.

Who’s fooling who?