A scam is a term used to describe any fraudulent business or scheme attempting to take money or other goods from an unsuspecting individual. With the world becoming more connected thanks to the internet, online scams have increased. It's often up to you to stay informed and cautious when dealing with other individuals on the internet.
Emails/SMS's/Letters or faxes sent to you requesting you to reply by submitting your personal information/banking details, or by selecting a link in the email. These emails include deposit scams, e.g. claims that you have won a lottery, or payment from SARS.
It could be a scam if...
Below are guidelines to help protect yourself
Victims often get lured into a scam through an email, SMS, fax or phone call.
Below are the types of scams and examples of each.Phishing scams Vishing scams Smishing scams 419 scams Fake payment confirmation scams Refund scam Change your banking details scam Social media scams Other scams