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Over R10,000,000.00 has been lost by South Africans owing to digital scams in the last 90 days.
With social media activity at an all-time high, it is no surprise that the amount and variety of digital scams are rising. But just how much money do South African citizens lose to cyber criminals?
In the past 90 days, South Africans have reported losses totalling over R10 million, which is the number reported to our organisation alone. The total reported to all organisations in South Africa is believed to be at least five times as much.
SCAMS WITH THE HIGHEST AMOUNT OF LOSSES:
1. Sextortion and SAPS impersonator scams
2. Cryptocurrency scams
3. Sweetheart scams
4. Vehicle auction scams
5. Marketplace Scams
6. Online job scams
These scams range from highly sophisticated to incredibly simple, yet the majority of South African victims have fallen prey to fraudsters orchestrating at least one of the 6 scams listed above.
REASONS WHY PEOPLE CONTINUE TO FALL FOR SCAMS:
The answer is much more complicated for some, but for the most part, it can be broken down into three self-explanatory words:
1. Greed
2. Lust
3. Ignorance
Any successful scammer will tell you that the most crucial skill to master as a scammer is the art of manipulation.
The moment a scammer can figure out what drives the potential victim, the scammer can accomplish just about anything.
The unfortunate fact is that most people are driven by either greed or lust, which is often automatically accompanied by ignorance.
Hence, the increasing rate of successful scams is being carried out daily.
HOW TO AVOID FALLING VICTIM TO A SCAM:
Educate yourself on the subject of online fraud.
Train yourself to separate your emotions from your actions.
Whether you are making a purchase online, conversing on a dating app, or investing money, you are bound to be defrauded if you act on emotions.
Conduct proactive investigations instead of reactive investigations.
This means you investigate before you engage to ensure that you are engaging in a legitimate transaction.
With technology increasing and social media becoming more active, cybercriminals are bound to increase in capacity and ability.
Therefore, we urge the public to be more proactive and to make smarter choices when engaging strangers online.
Specialised Security Services invites the public to the Mike Bolhuis Daily Projects WhatsApp Group. This group is important in delivering insights into the latest crime trends, awareness, warnings and the exposure of criminals.
HOW TO JOIN THE MIKE BOLHUIS DAILY PROJECTS WHATSAPP GROUP:
• Follow the link to our WhatsApp group:
• "JOIN" to ensure you never miss our daily updates.
• You will receive automatic notifications as soon as a new project is posted.
CONTACT MR MIKE BOLHUIS FOR SAFETY AND SECURITY MEASURES, PROTECTION, OR AN INVESTIGATION IF NEEDED.
ALL INFORMATION RECEIVED WILL BE TREATED IN THE STRICTEST CONFIDENTIALITY AND EVERY IDENTITY WILL BE PROTECTED.
Regards,
Mike Bolhuis
Specialist Investigators into
Serious Violent, Serious Economic Crimes & Serious Cybercrimes
PSIRA Reg. 1590364/421949
Mobile: +27 82 447 6116
E-mail: mike@mikebolhuis.co.za
Fax: 086 585 4924
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EXTREMELY IMPORTANT: All potential clients need to be aware that owing to the nature of our work as specialist investigators there are people who have been caught on the wrong side of the law - who are trying to discredit me - Mike Bolhuis and my organisation Specialised Security Services - to get themselves off the hook. This retaliation happens on social media and creates doubt about our integrity and ability. Doubt created on social media platforms is both unwarranted and untrue. We strongly recommend that you make up your minds concerning me and our organisation only after considering all the factual information - to the exclusion of hearsay and assumptions. Furthermore, you are welcome to address your concerns directly with me should you still be unsatisfied with your conclusions. While the internet provides a lot of valuable information, it is also a platform that distributes a lot of false information. The distribution of false information, fake news, slander and hate speech constitutes a crime that can be prosecuted by law. Your own research discretion and discernment are imperative when choosing what and what not to believe.
STANDARD RULES APPLY: Upon appointment, we require a formal mandate with detailed instructions. Please take note that should you not make use of our services – you may not under any circumstance use my name or the name of my organisation as a means to achieve whatever end.
POPI ACT 4 of 2013 South Africa: Mike Bolhuis' "Specialised Security Services" falls under Section 6 of the act. Read more here:
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Mike Bolhuis Specialised Security Services
PO Box 15075 Lynn East
Pretoria, Gauteng 0039
South Africa
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