September 27, 2021

Fraudulent payment scams on the increase

The Herald

Tom Muleya

Fraud Insight

Enterprise protection has been a nightmare for many entrepreneurs during this prolonged Covid-19 period. 

As many businesses are trying to cope up and or come to terms with changed working conditions, such as working from home and shortened business working hours to control infections, fraudsters have come up with many scams to fleece unsuspecting victims. 

While nations, the majority of people and businesses are focusing more on addressing challenges of coronavirus pandemic, fraudsters are seeing great opportunities for monetary gain. 

The new scam that fraudsters have launched is that of using fraudulent or fake proof of payment (POP) for ordered goods.  

These are scams that are targeted at business people that entail fraudsters normally calling the victim with an international number indicating that they are interested in purchasing goods…

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