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Cybercrime in Property Transfers – How Buyers Lose Millions
The Growing Threat of Property Transaction Cybercrime in South Africa Over the past decade, cybercrime targeting property transactions has become one of the fastest-growing financial crimes in South Africa. Each year, buyers lose millions of rands after unknowingly transferring purchase funds into fraudulent bank accounts. These crimes are highly sophisticated and often occur during the conveyancing process when large amounts of money are being transferred between buyers, est
Natascha Miller
Mar 182 min read
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