CARTE BLANCHE: Shameless Syndicates Scam SA Pensioners Out Of Hundreds of Thousands of Rands – SAPeople

CARTE BLANCHE: Shameless Syndicates Scam SA Pensioners Out Of Hundreds of Thousands of Rands

Here’s what’s coming up on Carte Blanche this week. You can watch the show on Sunday 18 December in South Africa on OR in most countries on Showmax from Tuesday 20 December if you’re abroad.

Relentless Scammers

It was touted as the opportunity of a lifetime. But little did one pensioner know that she was falling into a nightmarish trap that would cost her hundreds of thousands of rands. Like many others, an elderly pensioner is offered the opportunity of a lifetime: a half-million investment into a cryptocurrency business, with a staggering guaranteed return of close to two million rands – in just two weeks. But, as Carte Blanche presenter Derek Watts says the “call from a complete stranger led to a loss of over half a million rands. The offer was really too good to be true…”

It’s all a scam. This is the modus operandi of a sophisticated and faceless group of online scammers. But it doesn’t end there… Far from receiving a handsome payout from the investment, the criminals then demand more money before agreeing to release the funds. It’s a complex scam, but when the victims are old and desperate, it’s easy money for these shameless syndicates. (Producer: Eugene Botha | Presenter: Derek Watts)

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