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The situation involving the trading platform Banxso (Pty) Ltd in South Africa is complex and has involved serious legal, regulatory, and criminal actions, although the final determination of criminal fraud will be made by the police and public prosecutor. Here is a summary of the events, findings, and sanctions against Banxso: 1. WAS BANXSO FOUND …
This particular fraud case is significant because it was handled by the police’s specialized Money for Murder (MFM) task team in Nelson Mandela Bay, highlighting the serious nature of the fraud. Details of the conviction: The Victim: The fraud centered around a man named Ayanda Mvemve, who was stabbed to death in March 2022. The …
In a landmark action aimed at cleansing South Africa’s traffic administration, the Department of Transport (DoT), following investigations by the Special Investigating Unit (SIU), cancelled an astonishing 190,503 drivers’ licences in 2025. This mass invalidation comes after years of endemic fraud and maladministration were uncovered at numerous Driving Licence Testing Centres (DLTCs) across the country. …
Traffic fine scams are unfortunately highly prevalent in South Africa, largely due to the widespread use of electronic communication and the high rate of genuine traffic offences that create a plausible pretext for fraudsters. They are consistently reported by the South African Police Service (SAPS) and the banking sector as a major form of cybercrime. …
The number one general fraud scam in Algeria during 2025, particularly affecting the broad public, was a type of high-volume telecommunications fraud known as Wangiri Fraud (or the “Missed Call” Scam). While high-level corruption and money laundering dominated the headlines (Algeria was added to the EU’s high-risk list for money laundering in 2025, leading to …
Wangiri fraud is a simple, yet effective international phone scam that relies on tricking a victim into calling back an unrecognized international number. It’s often referred to as a “one-ring” scam. The term “Wangiri” (sometimes spelled “Wangili”) comes from the Japanese word for “one (ring) and cut,” which describes the core mechanism of the scam: …
Spotting real, unadulterated honey has become difficult because fraudsters use sophisticated syrups (like rice syrup, corn syrup, or beet syrup) that mimic honey’s chemical properties. While no home test is 100% foolproof, you can look for several visual, texture, and purchasing clues. Here is a guide to spotting real vs. fraudulent honey: These points are …
The fraud landscape in Angola during 2025 is dominated by crimes that leverage both digital vulnerabilities and systemic issues related to its historically complex economy. The Number One General Fraud Scam affecting the most significant portion of the population and financial institutions in 2025 was a combination of: Impersonation and Online Scams (Phishing and Romance …
Based on recent regional trends and high-profile incidents, the table below highlights the most prevalent and widely reported fraud schemes for key regions and countries in Africa. Country/Region Most Reported Fraud Type Short Description Nigeria (West Africa) Advance-Fee Fraud (“419” Scam) Schemes where the victim is promised a large sum of money or prize but …
The number one general fraud scam targeting the Zambian public in 2025 was a combination of tactics known collectively as Mobile Money and Social Engineering Scams. This category is distinguished by its high volume and significant aggregate losses, driven by the widespread use of mobile platforms for daily transactions. Top Scam by Volume and Impact …
The number one general fraud scam in Lesotho during 2025 was Identity Theft/Fraud specifically targeting the microfinance and banking sectors to obtain fraudulent loans. This issue has been formally identified and documented by the Lesotho Financial Intelligence Unit (FIU) as the most prevalent menace in the financial system. Number One Scam: Identity Theft for Loan …
Based on official reports released by the Royal Eswatini Police Service (REPS), the Central Bank of Eswatini (CBE), and the Eswatini Communications Commission (ESCCOM) in late 2025, the Number One General Fraud Scam in Eswatini is a category of crime known locally as the “Facata Scam.” The Facata Scam is a form of high-volume, low-value …
The ‘Facata’ scam is a prevalent form of cyber fraud, particularly in Eswatini (formerly Swaziland) and South Africa, where fraudsters impersonate bank or mobile money employees to trick victims into revealing sensitive personal and financial information. The name “facata” likely refers to the act of being tricked or defrauded. The scammers use sophisticated tactics to …
The fraud environment in Seychelles during 2025 is dominated by scams that exploit its status as an international financial centre and a popular destination for high-net-worth individuals. The Number One General Fraud Scam that posed the greatest threat, particularly to international and local investors, was: Bogus Investment Schemes (Unauthorised Financial Trading Platforms) This scam is …
The most significant and high-profile category of fraud in Mauritius during 2025 was Digital and Investment-Related Fraud, with a notable focus on Fake Cryptocurrency and Recovery Scams. Mauritius, as an international financial hub with a high rate of internet connectivity, is targeted by sophisticated global cyber fraud networks, which often use the country as a …
The general fraud environment in Madagascar is significantly different from mainland African economies due to specific domestic factors, making the “Number One” scam unique. Based on reports from the Global Organized Crime Index and Interpol data (2025): Number One General Fraud Scam: Extortion, Impersonation, and “Classic” Cybercrimes The prevalence of fraud targeting the general population …
The single most financially devastating fraud scam in Nigeria during 2025 was Fake Investment Platforms (Ponzi Schemes), while the most common and pervasive scam method was Phishing and other forms of Social Engineering. Here is a breakdown of the two leading threats: 1. Number One by Financial Loss: Fake Investment Platforms (Ponzi Schemes) Ponzi and …
The number one general fraud scam in Namibia during 2025 was the cluster of crimes related to Social Engineering and Impersonation, with Vishing (Voice Phishing) being the most commonly reported tactic. These scams directly target individuals, particularly pensioners and those new to digital banking, and are designed to trick the victim into releasing sensitive information …
The digital landscape in Zimbabwe, driven by the rapid growth of mobile money and online banking, has made it particularly vulnerable to cyber-enabled fraud. While large-scale Business Email Compromise (BEC) and even Ransomware schemes are financially damaging to institutions, the Number One General Fraud Scam affecting the highest volume of individual citizens and causing high …
Based on reports and warnings issued by financial regulators and digital security firms in Botswana during 2025, the Number One General Fraud Scam that posed the greatest threat and caused the most reported losses was a cluster of crimes known as Social Engineering and Mobile Money Scams. This broad category primarily involves trust-based fraud where …