Capitec shares insightful tips to avoid online scams
Updated | By Jacaranda FM/Udesha Moodley-Judhoo
Scammers are always ready to pounce when you least expect it. Here are three helpful tips to help you stay ahead.

Scammers are always on the prowl, so it's important to stay vigilant and informed about how to protect yourself from becoming a victim.
Many victims are tricked because they overlook the small details.
Scammers often create a sense of urgency and panic, pushing people to
react quickly without thinking.
Capitec has shared some helpful tips on avoiding common online scams that are circulating on messaging and sales platforms.
These tips focus on three specific online scams: WhatsApp fraud, Marketplace cons, and phishing messages from banks that include suspicious links.
READ MORE: A showroom is mistaken for a holiday scam
1. Think before you click
Scammers often send messages that appear legitimate but contain fake links leading to mirror sites that look like your bank's or another trusted company's website.
They may use threats to create panic and a sense of urgency, such as: "Your account will be blocked if you do not update your profile using the link below."
Never click on links in messages or ads that ask you to update your information or make a payment.
If you're unsure about a message, contact your bank directly using their official communication channels to verify the information or request.
2. Stay alert on WhatsApp
Scammers use WhatsApp to target people who are looking for get-rich-quick schemes. Often, the promise of fast profits can be so tempting that it ends up causing more harm than good.
Some scammers will add you to WhatsApp groups where fake success stories are shared to create false trust. Be cautious of the following red flags:
Unknown numbers that add you on WhatsApp.
Promises of big profits in a short space of time.
Companies that aren't registered with the Financial Sector Conduct Authority.
Investment opportunities shared on messaging platforms.
3. Marketplace hoax deals
A common scam involves individuals posing as buyers or sellers, offering deals that seem too good to be true.
Scammers often create urgency by pressuring buyers to pay upfront, hoping they’ll act quickly and lose their money.
Be cautious of new buyer or seller profiles on platforms like Marketplace.
Never pay upfront, not even a deposit, without inspecting the item.
If you're selling, make sure the money is in your account before handing over the goods. Watch out for fake proof of payment. Alternatively, insist on cash payments.
Always meet in a safe, public location when exchanging goods.
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Image courtesy of iStock
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