South Africans with credit cards issued by major South African banks are complaining that fraudulent transactions processed by Facebook are draining their accounts. Customers from these banks contacted MyBroadband, complaining that large amounts have been deducted from their cards. They all said that the transaction description contained the contraction “FACEBK”. Jan Vermeulen, My Broad Band editor, joins me on the line to tells us more about these complaints…

GUEST: Jan Vermeulen, My Broad Band editor