Standard Bank scam: R300-million ATM heist ups the ante
With fake credit cards, fraudsters made 14 000 transactions totalling R300-million from 1 400 ATMs in just three hours.
Kalyani Pillay
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Credit-card fraud increases to almost double
Sabric says credit card fraud almost doubled during 2009/10, with 92.3% of incidents occurring in Gauteng, KwaZulu-Natal and the Western Cape.
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Bank client robberies on the rise
Robberies targeting bank clients withdrawing large amounts of cash have increased, the South African Banking Risk Information Centre has said.
