FinanceMagnates
A new wave of investment scams in South Africa has
taken a concerning turn with the rise of deepfake videos impersonating
regulators to orchestrate fraudulent schemes. One such video, currently circulating on WhatsApp,
reportedly portrays the Financial Sector Conduct Authority (FSCA) and its
Commissioner, Mr. Unathi Kamlana…
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South Africa’s Regulator Impersonated in WhatsApp Scam Promising 30% Returns
Jared Kirui
09:24
A new wave of investment scams in South Africa has taken a concerning turn with the rise of deepfake videos impersonating regulators to orchestrate fraudulent schemes. One such video, currently circulating on WhatsApp, reportedly portrays the Financial Sector Conduct Authority (FSCA) and its Commissioner, Mr. Unathi Kamlana…
