Fraud prevention NGO warns against scammers pretending to be this NGO | Businessinsider

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The Southern African Fraud Prevention Service (SAFPS) is urging consumers to be wary of scammers using an “advance-fee scam” and pretending to be representative of the SAFPS.

“The SAFPS is concerned about this and is urging the public to exercise caution and to be vigilant,” says Manie van Schalkwyk, CEO of the SAFPS.

An advance-fee scam is where a potential victim is promised a significant share of a large sum of money in return for a small up-front payment. The fraudster assures the victim that the payment will be used to obtain the larger sum.How It worksThe fraudster makes promises of compensation should you have previously been a victim of fraud

 

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