Five of South Africa’s biggest online scams of 2021

The FSCA said entities calling themselves Stanlib Focused Investments and and PSG Fund Investment were using names of the country’s big asset managers without theit knowledge.
Photo: Getty Images

As South Africa’s economy continued to suffer under the triple strains of Covid-19, low economic growth and high unemployment in 2021, Jan Cronje looks at scammers who targeted desperate South Africans with a dizzying variety of online frauds and rackets. 

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