This practice, although prevalent in the online transactional domain, is not limited to web-based transactions and the public would be wise to exercise caution when making payments to companies – even ones they know and trust.
So how can individuals – or entrepreneurs – protect themselves against fraud and loss of revenue via unscrupulous con artists masquerading as legitimate businesses?
Greg Brown from LexisNexis South Africa has a few hints and tips to share:
“Being diligent and cautious when making payments may serve to protect you – or your company - from undue loss,” says Brown.
For more information, visit: https://www.lexisnexis.co.za/lexissacompany