Guiding consumers since 2009

Naspers warns against Fraud scam

By Danielle van Wyk

This week saw the Naspers media group issuing a fraud alert. The group warned South Africans about a scam that claims to ensure high returns on share trades handled on by ‘Naspers’.

“The fraudsters imply that the targeted recipients will benefit from trades in Naspers shares made on their behalf if they deposit cash into a 3rd party account. The returns promised are very enticing for example, a 100% return on investment in an hour. Once money is transferred into the account the funds disappear,” stated Naspers.

Naspers further urged people to always use extreme caution when receiving calls, text messages or emails from an unknown source, particularly when they include requests to part with money, reported Fin24.

Phishing emails tend to be one of the most used scam methods. “Texts and calls can be very convincing too, with company logos and banners copied from websites,” stated Fin24.

Naspers, in addition, gave the following tips to avoid falling victim to a phishing scam:

-Never respond to an unsolicited call, text message or email no matter how official it may seem.

-Use extreme caution when clicking on links and attachments included in unsolicited emails, even if they appear to be from a company or person with whom you do business.

-If you believe you have responded to a fraudulent email, contact your bank immediately so they can take steps to protect your account and your identity.

Alternatively, should you suspect any fraudulent activity, Naspers have reiterated that the public should feel free to call their offices for verification, 021 406 3000.

Recent Articles

Featured What to do when you’ve been denied a home loan

After months of scanning property sites and attending showhouse after showhouse, you’ve finally found what you’ve been looking for. But your dream of owning a home comes crumbling down when you receive the news that you’ve been denied a home loan. So, what now?

Can your retirement annuity be used as collateral for a loan?

If you have a retirement annuity, you may have wondered whether you can use this as collateral when you take out a loan. We decided to do the leg work and find out whether this is possible or not.

Best travel cards offered by top South African banks

Planning a trip abroad involves a lot of administration. You need to consider travelling arrangements, reasonable accommodation, and a daily itinerary. But have you considered how you’re going to pay your bills once you arrive? Besides considering bank costs, you also need to consider exchange rates.

Best ways to save your money short-term

For many, it seems close to impossible to save when spending on holiday getaways, Christmas gifts, while also trying to ensure there’s money left to survive January. Justmoney takes a look at the best ways you can save during the short term.


Marble Gift Card Special

Price: From R1000
When: Until 25 December 2019
Where: Johannesburg

Trennerys Hotel and Camping Januworry Special

Price: R950
When: From 10 to 31 January 2020
Where: Centane (Eastern Cape)

Bakwena Standard Packages Special

Price: From R999
When: Until 31 December 2019
Where: Nationwide