Beware of these common scams!

Standard Bank has warned that fraudsters never take a break!

Beware of these 3 scams that are becoming more common:

1. Fake Holiday Scams 

• Fraudsters aim to exploit you by advertising incredible holidays or timeshare deals, that turn out to be fake.

• The offers are often heavily discounted or are on special for a limited time only, to pressure you into buying quickly.

• Once you’ve made the payment the fraudsters will have your money and your credit card details – and you’ll never get the holiday you paid for.

2. Fake Goods Scam 

• Fraudsters aim to scam you by advertising great deals that are very appealing.

• They’ll put you under pressure to quickly make a full or part payment in order to secure the deal – But the offer is fake and you’ll never receive the goods.

3. Fake Vehicle Scam 

• This scam is similar to the others in that the fraudster will advertise an incredible deal on a car that doesn’t exist.

• They will pressure you into paying a deposit or the full asking rate by claiming there are other interested buyers, or that the sale is urgent due to sickness or emigration.

• Use our Escrow Service to safeguard your purchase, to make sure you get the goods you paid for. Visit our website for more information.

How to protect yourself from these scams

• Be wary of offers that seem too good to be true and sellers that put pressure on you to make hasty payments

• If you receive a suspicious email containing links or attachments, forward it to phishing@standardbank.co.za for shutdown

• Use our Escrow Service to safeguard your purchase, to make sure you get the goods you paid for. Visit our website for more information.

Safety from Vehicle Scams and Fraudsters when Buying and Selling Vehicles https://t.co/zW5oYMjWbF #ArriveAlive #VehicleBuying #Safety @dealerfloor pic.twitter.com/EEsBBW7D66

— Arrive Alive (@_ArriveAlive) May 5, 2021