The ‘month of love’ is celebrated globally and many of us plan to spoil our loved ones to make them feel more appreciated.
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This doesn’t mean that you should stop being vigilant with your finances, as fraudsters look for opportunities like these to scam and defraud you.
Ramesh Ramdeen shared a few tips to help you navigate the month of love, so you don’t become a victim of any fraud scams:
• Don’t share your personal information or investment details with anyone.
• Avoid any interactions with third-party investment sellers or joining investment groups on social media platforms.
• Don’t be fooled by emails that may appear to be from a recognised financial services provider. Double check the authenticity of the investment offer with the financial services provider before investing any funds.
• Always report any suspicious investment communication on email or social media with your provider’s fraud department.
• Remember the trusted service providers will never call you and ask you to divulge your PIN, password, and other confidential credentials to process any investment transactions. Don’t be pressured, stay calm. Ask for details of the transactions you are being asked about and confirm with your service provider.
• Ramesh Ramdeen, Head of Fraud at FNB Wealth and Investments
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