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WesBank urges vigilance as festive season vehicle auction scams rise
November 27, 2025
|The Star
EXERCISE CAUTION
WITH year-end bonuses soon to be paid out, South Africans are being advised to exercise caution amid a rise in fraudulent vehicle auctions targeting festive season buyers.
Industry figures from late 2024 indicate that almost 70% of South Africans were targeted by fraud, with victims losing an average of more than R12 500.
Digital banking fraud increased by 86%, costing the industry R1.888 billion, and vehicle auction scams have become a growing contributor. WesBank has warned that increased buyer activity in December creates an opportunity for fraudsters operating online and in person.
هذه القصة من طبعة November 27, 2025 من The Star.
اشترك في Magzter GOLD للوصول إلى آلاف القصص المتميزة المنسقة، وأكثر من 9000 مجلة وصحيفة.
هل أنت مشترك بالفعل؟ تسجيل الدخول
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