Scam scourge: How can we fight it?

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It made the authorities and banks realise that when vocal victims band together and use the power of social media, they have to act.

They can't get away by saying:"We can't return your lost life savings now as the matter is currently under investigation."Slap hefty fines on companies that don't do enough to protect our data and money?It is because scams are no longer isolated incidents but a growing wave affecting people's lives, and we feel we can help educate the public so fewer people get cheated and less money is lost to scammers.

It will also highlight the trauma victims face after realising that their bank accounts have been wiped clean after they fell for a scam. Companies have not been spared and we will be speaking to some about how they do business in an environment of mistrust.

 

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