Naspers warns against Fraud scam

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.