Debtfree Magazine Issue 6 of 2021
SA's Free Magazine all about dealing with debt, debt review & debt counselling. This month we talk about the POPI Act and the recent Africrypt Scam where up to R54 Billion could have been stolen.
SA's Free Magazine all about dealing with debt, debt review & debt counselling. This month we talk about the POPI Act and the recent Africrypt Scam where up to R54 Billion could have been stolen.
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HOW TO STEAL R54 BILLION
‘WE WERE HACKED’
Suddenly, in April 2021 investors lost access to the
software they used to track investments, and received
a message to say that the system had been hacked.
The message asked investors not to report the matter or take legal
action as this would slow down the recovery of their funds.
This is not an uncommon stalling tactic used by other Ponzi schemes
recently. It usually buys the schemers enough time to make an
escape with their ill-gotten gains.
Investors initially concerned, and then began to fear the worst. They
had lost access to their hard earned money.
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