As the festive period approaches, Barclays Bank of Botswana is embarking on a campaign to educate the public, customers and critical stakeholders to remain vigilant to avoid becoming victims of fraud.
From Monday 10th November to Thursday 13th November, the bank will conduct a series of workshops on Fraud Awareness under the theme: Act now! Fraud stops with you.
Puseletso Seitei, Regional Fraud Strategy Manager, Barclays Africa Fraud Risk Management, said the aim of the roadshows is to engage stakeholders on pertinent issues of fraud and how they can individually and collectively prevent it from affecting them.
“Fraud continues to be one of the most topical issues in the financial industry, affecting unsuspecting individuals and corporates. This initiative will therefore provide an insight into fraud awareness and prevention strategies and allow for interactive debates to educate the public,” added Puseletso.
Bruno Schiemsky, Head of Forensic Investigations & Whistleblowing for Barclays Africa, said: “Over the last couple of years, we have seen an increase in the number of fraud cases across Africa and an increase in the threat posed by organised crime groups and syndicates against the financial industry. Based on the feedback received from our customers, colleagues and the industry, Barclays took the initiative to provide fraud awareness to our customers. We are also engaging with industry stakeholders and partners, which includes the Law Enforcement agencies, to provide them with insights into the latest crime trends affecting the financial industry in Africa.”
Barclays Bank remains committed to the highest service levels and professional excellence which form part of our core values, as we affirm our vision to become the ‘Go To’ bank in Africa.
Botswana Police Service (BPS) has indicated concern about the ongoing trend where the general public falls victim to criminals purporting to be police officers.
According to BPS Assistant Commissioner, Dipheko Motube, the criminals target individuals at shopping malls and Automated Teller Machines (ATMs) where upon approaching the unsuspecting individual the criminals would pretend to have picked a substantial amount of money and they would make a proposal to the victims that the money is counted and shared in an isolated place.
“On the way, as they stop at the isolated place, they would start to count and sharing of the money, a criminal syndicate claiming to be Criminal Investigation Department (CID) officer investigating a case of stolen money will approach them,” said Motube in a statement.
The Commissioner indicated that the fake police officers would instruct the victims to hand over all the cash they have in their possession, including bank cards and Personal Identification Number (PIN), the perpetrators would then proceed to withdraw money from the victim’s bank account.
Motube also revealed that they are also investigating a case in which a 69 year old Motswana woman from Molepolole- who is a victim of the scam- lost over P62 000 last week Friday to the said perpetrators.
“The Criminal syndicate introduced themselves as CID officers investigating a case of robbery where a man accompanying the woman was the suspect.’’
They subsequently went to the woman’s place and took cash amounting to over P12 000 and further swindled amount of P50 000 from the woman’s bank account under the pretext of the further investigations.
In addition, Motube said they are currently investigating the matter and therefore warned the public to be vigilant of such characters and further reminds the public that no police officer would ask for bank cards and PINs during the investigations.
Botswana Congress Party (BCP) leadership walked out of Umbrella for Democratic Change (UDC) National Executive Committee (NEC) meeting this week on account of being targeted by other cooperating partners.
UDC meet for the first time since 2020 after previous futile attempts, but the meeting turned into a circus after other members of the executive pushed for BCP to explain its role in media statements that disparate either UDC and/or contracting parties.
The Director General of the Directorate on Corruption and Economic Crimes (DCEC), Tymon Katlholo’s spirited fight against the contentious transfers of his management team has forced the Office of the President to rescind the controversial decision. However, some insiders suggest that the reversal of the transfers may have left some interested parties with bruised egos and nursing red wounds.
The transfers were seen by observers as a badly calculated move to emasculate the DCEC which is seen as defiant against certain objectionable objectives by certain law enforcement agencies – who are proven decisionists with very little regard for the law and principle.