Article Search

 Fraudsters pounce on Eskom
    October 02 2008 at 05:21PM Get IOL on your
mobile at m.iol.co.za

Members of a syndicate have been using fraudulent Eskom payslips to acquire personal loans from various banks in the country, the power utility said on Thursday.

Spokesperson Fani Zulu said the scam had been operating since September.

"Perpetrators usually approach a bank to request a personal loan. They would then produce a fraudulent identity document and supply the bank with a fraudulent Eskom payslip," Zulu said.

"On closer inspection, the format of the payslip will be of poor quality and the logo will turn out to be of an incorrect Eskom format."

He declined to reveal the banks concerned and the money acquired by the fraudsters from the scam.
Continues Below ↓





"I'm just worried about the amount of information we reveal because there is an ongoing investigation and we would not want to warn the perpetrators," he said.

He said Eskom was alerted when the banks concerned called to verify if the loan applicants were indeed employed by the power utility.

"Eskom wishes to request banks and other money-lending institutions to be on the lookout for these devious and fraudulent methods of borrowing money," Zulu said.

He advised all financial institutions who may be approached by the fraudsters to call the toll free crime line on 080-011-2722. - Sapa

Email StoryPrint Story
BOOKMARK THIS STORY
Social bookmarking allows users to save and categorise a personal collection of bookmarks and share them with others. This is different to using your own browser bookmarks which are available using the menus within your web browser.

Use the links below to share this article on the social bookmarking site of your choice.

Read more about social bookmarking at Wikipedia - Social Bookmarking

muti



Watch IOLs latest videos on YouTube Join IOLs Facebook page Follow IOL on Twitter





     Online Services

Date Your Destiny
 
I'm a 27 year old woman looking to meet men between the ages of 25 and 39.
 

     More Services

     More ESKOM Load Shedding Stories