Babereki Investments auctions Molome's Movables
Saturday, May 29, 2021
BI had sued Mamataz Enterprises and Molome for the money his company received as a commission fee for services rendered between September and November 2016.
The court has directed the sheriff or his deputy to sell by public auction Mamataz Enterprises and Molome’s movable property to recover the sum of P11,604,000 plus 10% interest from the day of disbursement to date, of the payment as excess money BI paid back in 2016.
That sounds like good news. But the report also warns that this may simply be because our digital economy is still young, not because we are safe. As more people shop, bank and pay online, criminals will follow.We Batswana do not need a report to tell us that danger is real. Many of us have heard of or fallen victim to KYC scams. A caller impersonates your bank or mobile money provider. They say they need to “verify” your account. They ask...