Joburg’s Crime-Busting Unit Investigates Over R24 Billion Worth Of Dodgy Deals

PEARL RANTSEKENG

THIS week, November 15 – 21, is International Fraud Awareness Week! The aim of this event is to encourage business leaders and employees to proactively take steps to minimise the impact of fraud by promoting anti-fraud awareness and education.

The City of Johannesburg [COJ] is one such organisation.

This week it took to the streets of Cosmo City, outside Randburg, where it embarked on an educational campaign.

The city’s Group Forensic and Investigation Services head General Shadrack Sibiya says the visit to Cosmo City was aimed at educating as well as empowering the community of Cosmo City to know more about fraud and corruption as well as share with them the steps they can take to help combat fraud and corruption.

According to the Association of Certified Fraud Examiners (ACFE)’s  Report to the Nations, companies lose an estimated 5% of their revenue annually due to fraud. 

Sibiya tells