KZN detectives warn public of investment scams | Phoenix Sun

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KZN detectives warn public of investment scams | Phoenix Sun

Update
Phoenix Durban

Detectives in KwaZulu-Natal are warning community members, to steer clear of individuals, who are intent on conning them of their hard-earned cash through various scams.
Provincial police spokeswoman, Cpt Nqobile Gwala said, “It is equally disturbing to find that members of the public are willing to hand over their money to people, who claim to be involved in illegal activities, such as dealing in precious metals and stones.”
ALSO READ: Phoenix police warn community of ongoing scam
This warning comes as detectives are swamped with cases from residents, who have been swindled out of large sums of money by con artists.
In one of the cases reported in Richards Bay, a 39-year-old man was deceived and robbed of a large amount of cash by criminals.

“It is alleged that the victim was lured from Durban to Richards Bay to purchase platinum. He was presented with a bar, which he was made to believe, contained platinum. After negotiations, he handed over the cash and was told to wait at a mall for the delivery of the merchandise. The delivery did not materialise and when he tried to contact the fraudsters, their phones were switched off,” she added.
A case of theft by false pretences was opened for further investigation.
ALSO READ: R1, 2 million ‘sangoma’ scam
According to police, such scams are rife. Citizens are urged not to commit crimes by investing in illegal deals that involve precious stones and metals.
Anyone, who is approached by these con artists, is urged to contact their local police or Crime Stop on 08600-10111.
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