Real Estate Investor Magazine November 2024 edition | 页面 114
By Simon Dippenaar
In 2020 alone , South Africans lost over R1.5 billion to banking and card fraud , and this figure has likely escalated in recent years . Fraud is an insidious issue that affects all areas of life , especially in the realms of investment and property .
Defined as “ wrongful or criminal deception intended for financial gain ,” fraud comprises four key components : unlawfulness , misrepresentation , intent , and prejudice .
Finance
A Comprehensive Guid Assets : Legal pathways Investment Scams
By Simon Dippenaar
In 2020 alone , South Africans lost over R1.5 billion to banking and card fraud , and this figure has likely escalated in recent years . Fraud is an insidious issue that affects all areas of life , especially in the realms of investment and property .
Defined as “ wrongful or criminal deception intended for financial gain ,” fraud comprises four key components : unlawfulness , misrepresentation , intent , and prejudice .