New assistant AG faces fraud charges
Tuesday, September 21, 2010
It is alleged he defrauded the bank at the time he resigned from the University of Botswana (UB) in 2007.
The case originated from a loan he acquired from Barclays Bank, through a UB Loan Guarantee Scheme to pay for a Mercedes Benz valued at P130,000.
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...