home Email search
White Collar Crime
CC Logo Logo BAC Logo 		http://www.1webhost.co.za
  home chat forum downloads account  
     



Poll

Does this site add value to the fight against white collar crime?

Yes

No

It could but it needs changes



Votes: 40
Old Surveys


Online
Guests: 12
Members: 0
On this page: 6
Members: 309, newest: admin2


Welcome

Username:

Password:


Remember me

[ Signup ]
[ Forgot password? ]


Search White Collar Crime




An initiative of KZN's White Collar Crime Task Group, the SAPS's KZN Commercial Crime Branch and J Blindell.


The incidence of crime in South Africa continues to assume epidemic proportions. While all crime gives rise to concern, it is particularly those crimes involving dishonesty which are really eating away at the very fabric of business and government ethics and which are threatening the foundations upon which our economic system is built.
Although the classification that we are discussing would include common theft, the area of particular concern is that which is commonly known as "white collar crime". This is a very broad category but in essence we are talking about fraud, bribery and corruption. We are concerned with those crimes of commission and omission which are both actual and intended. It is a fact, that in white collar crime, the potential rewards are greater, the risk of detection is lower, successful prosecution is more difficult and finally, in the main, the penalties are less severe. These are all sound "business" reasons for both local criminals and large international crime syndicates to put their efforts into this type of crime.

This internet site will try to help people understand and recognise white collar crime and teach them what to do to help put an end to it. It is a joint project between the South African Police Service's KwaZulu Natal Commercial Crime Branch, KwaZulu Natal's White Collar Crime Task Group and J Blindell. It will provide advice on various related topics, details of white collar crime criminals as well as providing details of the current "scams" used by fraudsters and publicise recent successes of the SAPS.



[DO BECOME A MEMBER AND CONTRIBUTE TO OUR FORUMS. WE VALUE YOUR VIEWS


Smishing - the new phishing

Smishing - the new phishing

2009/10/23 12:41:00 PM Maarten Mittner 

 

Johannesburg - First it was phishing. Now it's smishing - phishing by SMS.

Just when banks thought their account holders were sufficiently well-informed to protect their personal information against email phishing, a new SMS scam is rearing its head.

The South African Bank Risk Information Centre (Sabric) has issued a circular warning clients to guard against smishing scams. This entails sending personal information to criminals by cellphone, allowing them to withdraw funds illegally from an account. There has been a serious increase in the number of these cases recently.

Sabric CEO Kalyani Pillay said it's not unusual for criminals to change their methods as soon as they realise consumers have become aware of their activities, such as phishing. "That's why the focus has changed to smishing."

In this new scam, SMS messages are used to trick bank customers into divulging information. The original messages are sent at random to clients to see how many respond. Clients are often unaware that this information is for fraudulent purposes.

For normal transactions by cellphone, banks usually use one-off passwords that are constantly changed and which only the client knows.

What to watch out for 

Pillay said the SMSs she has seen always put pressure on the client to provide certain information quickly. This would be in response to some apparently serious situation which has arisen in connection with the client's bank account.

Pillay said it was only natural for a concerned bank client to be "ready to provide the requested information".

What you don't realise is that the person at the other end is not a bank official, but a criminal who is planning to use the information to withdraw your money for his own use.

"If such a message is received, the client must not respond to it, but must immediately contact the bank [not the number provided in the SMS]."

Under no circumstances must personal details be divulged. Only the contact numbers that were provided with the original transaction should be used.

Posted by admin on Sunday 25 October 2009 - 17:12:16 |Comments are turned off for this item | email to someone | printer friendly |





Look Who Got Caught

Siphiwe Eugene Mcanyana of Umlazi

Modus Operandi:

Fraud - Skimming of credit cards. Used a skimming device to down load credit card information onto a computer and then writing the information to various credit cards. Actual loss R235 206.58 (Nedbank 10.64%, FNB 32.52%, ABSA 23.11%, Standard 33.74%).

Sentence in Durban Special Commercial Crimes Court:

  • to undergo periodical imprisonment for 2000 hours
  • 3 years imprisonment wholly suspended for 5 years with conditions
  • to pay compensation of R175 000.00
  • 2 years imprisonment wholly suspended for 5 years with conditions.

Ms Vanashree Pillay (35 years) of Amanzimtoti

Modus Operandi: Fraud and corruption by the accused when she was a clerk for the Ethekwini Municipality. She assisted a employee responsible for property evaluations to alter the evaluation of properties of certain ratepayers so that they received a reduction in their yearly rates. She received corruption payments of R34 000.00 from the ratepayers concerned. Actual fraud committed was R305 507.50.

Sentence in the Durban Commercial Court on 20 Nov 08: 3 years imprisonment suspended for 5 years plus 3 years correctional supervision and 16 hours community service each month.

Ms Rowida Ramnarayan (42 years) of Ladysmith

Modus Operandi: Fraud and corruption when she was a clerk for the Department of Health. She worked in the procurement section in the Emmaus Hospital. R14 810.00 was paid to the accused in corruption to facilitate procurement of medical supplies. 1 case of fraud, 9 of corruption and 9 of money laundering (via husband).

Sentence: Fined R40 000.00 or two years imprisonment of which half suspended for 3 years.

Ms Phumzile Eunice Ngiba (44 years) of Umlazi, Durban

Modus Operandi: Used false ID documents and false particulars when she used a credit card belonging to Durban furniture business to open accounts at various chain stores in the Durban area.

Outcome:  Convicted in the Durban Magistrates Court on 7 Mar 08 of 11 counts of fraud  occasioning an actual loss of R75000.00

Sentence: 10 Years imprisonment  without the option of a fine.

   
All trademarks are © their respective owners, all other content is © e107 powered website.
e107 is © e107.org 2002/2003 and is released under the GNU GPL license.