South African banks with the most fraud complaints
Banking services ombudsman Reana Steyn says that her office received and investigated a record number of complaints in 2021 — with Internet banking fraud topping the list.
The number of complaints the Ombudsman for Banking Services (OBS)...
R2.9 million stolen from FNB bank account with R5,000 limit
FNB has been denied damages after demanding R2.9 million from a client who says he fell victim to an online scam. At the heart of the legal argument was that the bank account had a R5,000 withdrawal limit.
Online fraud warning in South Africa as riots rage
The Ombudsman for Banking Services (OBS) has warned South Africans to be vigilant against fraudsters who will try and exploit the current unrest in the country to steal money from consumers.
Reana Steyn, who has served as the ombud since 2017...