March 30, 2024

Many South Africans eager to make easy money fall victim to scammers.

When Blessing Mokoena was approached on a WhatsApp group by an investor who promised him high returns in a short period of time, he fell for the hoax and ended up R90 000 poorer.

It all started in November. Blessing joined a Whatsapp group for investors and they were given a Capitec bank account to invest their funds in. For the father and husband, this seemed legit.

But when the time came for their payouts, the Whatsapp group simply no longer existed.

When the Pretoria man and other victims approached the bank, they were told nothing can be done to reverse the funds. “We are close to giving up,” Blessing tells Drum.

“Capitec says the account was frozen, and it was opened by a fraudulent ID, therefore they can not reach the owner of the account.” 

Scams are common and in many cases the bank is not held liable, something Blessing believes is wrong.

He is one of many South Africans who have been swindled of their hard-earned cash by online scamsters. A recent study by credit rating agency 

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