The Weekend ViewThe Weekend View

Unsuspecting consumers fall prey to loan scams

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South Africans are more digitally connected than ever, but with this convenience comes growing risk. The increase in internet usage, mobile penetration, and social media engagement has led to a surge in online fraud, with scammers exploiting every opportunity to target vulnerable consumers—especially those seeking credit. Leonie van Pletzen, CEO of MicroFinance South Africa says increased reliance by consumers and businesses on online platforms has led to a significant rise in scams and fraudulent activity. For more Bongiwe Zwane spoke to Leonie van Pletzen, CEO of MicroFinance South Africa (MFSA) 

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The Weekend View

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