POLOKWANE – An online banking scam has left at least two pensioners in Polokwane without a cent in the bank.

The latest in banking scams is targeting the most vulnerable (elderly citizens) and in a press release, Reana Steyn, Banking Ombudsman says the scam involves phone calls made on behalf of the bank. She warned patrons to ensure that their banking and personal details are secure. 

“The criminals’ methods are getting smarter, their technology is more advanced. Banks continue to evolve their products, services  and systems to try and  stay ahead of fraudsters, however are sadly unable to fully protect consumers from falling prey to the tactics used by fraudsters to obtain confidential information such as banking details, card information and one-time-pins (OTPs).”

The latest scam involves fraudulent phone calls.

The scam artists’ modus operandi involves sending an SMS to the client, warning them of an amount being deducted from their…

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