Consumers warned of financial scam on social media | #daitngscams | #lovescams

An SA funeral has raised the alarm about a recent escalation of fraudulent social media accounts and investment fraud schemes that have been created using the brand’s corporate identity.

Icebolethu Group said in a statement that fraud victims had made contact with the firm to enquire about investment schemes issued by Icebolethu Group, only to realise that they had in fact been scammed. 

Icebolethu Group Chief Executive Officer Nomfundo Mcoyi said that the Icebolethu Group wanted to warn clients, service providers, job seekers, and the general public against the scammers, who are using fraudulent social media accounts in the name of the firm, to lure, mislead and rob people.

“We empathise with the latest victims and encourage them to report these accounts.  We are urging the public to practise caution and to familiarise themselves with our official social media handles as well as the brand identity to avoid falling victim to such scams,” Mcoyi said.

“We have noticed that in most fraudulent social media accounts or posts, fraudsters use our logo, brand colours, and tagline. We would also like to make clear that we do not have an investment plan or a loan business under Icebolethu Group. We are a registered financial service provider that offers funeral and burial services.”  said Mcoyi.

“Several external websites and social media pages often advertise job positions and cryptocurrency scams using images extracted from Icebolethu Group accounts to give the illusion that these are legit and endorsed by our organisation,” Mcoyi added.

“We plead with the public to be vigilant and not to send any money to these accounts. Our team will continue working tirelessly to report and expose fake accounts to make the public aware. We thank everyone who has been sending us links to fake accounts so that we act rapidly and encourage everyone who comes across a fake Icebolethu Group page to do the same,” she said.

She urged consumers to report any fraudulent activity on the firm’s social media platforms, or to contact its call centre on 086 000 7580, as well as share any information regarding the matter with the police.

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