FRAUDULENT DEBIT ORDERS ARE RIFE IN SA

An article from NEW 24 dated 6/March/ 2017

Fraudulent debit orders are rife in SA 06 March 2017, 16:04 Check your bank statements very carefully and very frequently, especially if you are in SA!! There are numerous unscrupulous syndicates that are exploiting a major loophole in our banking system. Anyone can process unauthorised "NAEDO' debit orders against your bank account! All they need in your bank account details and they are somehow managing to get this information, without your knowledge or involvement and no matter how careful you are with this information. Be especially on the lookout for a group calling themselves "Sagewise Life" who are processing unauthorised debit orders of R99 per month against many unsuspecting peoples bank accounts as we speak. They know that banks generally don't send their clients sms notifications for debits of less than R100 and hence they try to remain just under the radar. This is not restricted to only one bank either. None of the banks are able to stop it and will simply tell you that it is the account holders problem and that they need to sort out with these fraudsters. The banks simply have no answer to this, except to take no responsibility and to refuse to get involved at all. Most people don't check their bank statements and aren't aware of that they are being scammed and this is exactly what these fraudsters rely on. They are making tons of money simply by robbing people and nobody is prepared to do anything about it. Just look on "hellopeter.com" to see only a few of the many frustrated people who don't know who to turn to for help. So make sure that you look after yourself, to ensure that you don't become yet another one of their victims.

2017......Yet they are still stealing money from innocent and unsuspecting people? Authorities now need to get involved.

Our banks forensics are now onto you and I suggest you all go and thoroughly check your bank statements back to Jan 2019 and beyond and if you see SAGEWISE 1 Debit order for R99, please go straight to your bank and get them to stop debit order and investigate with forensics and demand your money back. We need to stand collectively against this unethical corruption!