Banking clients robbed of R180m
Banking clients were collectively robbed of R180 million in 2010, the Johannesburg Magistrate’s Court has heard, according to a report.
Testifying in court on Monday, SA Banking Risk Information Centre commercial crimes general manager Susan Potgieter said the figure was up from R40m in 2009, The Sowetan newspaper reported.
She said in 2009, 1500 banking customers lodged complaints about phishing.
Phishing is an e-mail scam to obtain people’s usernames, passwords, and credit card details by directing them to almost identical replicas of company websites.
Potgieter was testifying in the case against four men accused of defrauding 10 Vodacom customers out of around R380,000.
Mbokodana Khoza, Mbusi Bhengu, Gregory Oduore and Thabiso Gwebuza allegedly did this by intercepting sms communication which gave them access to confidential banking information.
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