The South African fraud landscape has steadily increased over the past five years, making this one of the top risks South Africans face daily.
"This increase is alarming and indicative of how South Africans are becoming easy targets for fraudsters and scammers who are highly motivated to find their next victim," says Manie van Schalkwyk, CEO of the Southern African Fraud Prevention Service (SAFPS).
The recent SAFPS Fraud Statistics paint a comprehensive picture of where criminals target consumers and how consumers become victims.