With many people saving money through stokvels or other societies throughout the year, the Newcastle SAPS has cautioned against carrying large amounts of cash.
“As the festive season approaches, residents are eager to spend their hard earned money with their loved ones. Regrettably, this is also the time in which criminal elements will attempt to continue committing crimes,” explained Lizzy Arumugam of Newcastle SAPS Corporate Communications.
To this end, she has provided the following tips for stokvel groupings:
- Be careful! Criminals are targeting your stokvel pay-out this festive season.
- Refrain from making cash deposits of club members’ contributions at high-risk days (e.g. Monday after month end).
- Ensure persons depositing club cash contributions or making withdrawals are accompanied by another club member.
- A stokvel savings or burial society can arrange for members to deposit cash directly into the club’s account instead of collecting cash contributions.
- Arrange for the club’s pay-out to be electronically transferred into each club member’s personal account or accounts of their choice.
- Take another person with when going to deposit club cash contributions.
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