fraudlatest news & developments
South Africa’s National Financial Ombud Scheme wants insurers to prove that people know about policies taken out on their lives, after insurers detected 38 alleged murder-for-money cases in 2024.
FRAUD

Insurance-linked killings: ombud seeks new safeguard

When does an insurance claim become a potential murder investigation?

  • Dieketseng Maleke
9 min read
Fraud-related complaints involving non-bank credit rose by 46%, the National Financial Ombud Scheme says, with consumers increasingly disputing debts linked to transactions they did not authorise.
FRAUD

South Africa fraud complaints rise 46% as consumers face debt they never incurred

You didn’t make the purchase — but you could still be left with the debt.

  • Dieketseng Maleke
6 min read