TELECOMS & TECHNOLOGY

Bulawayo man loses $42k through card cloning

A MAN from Bulawayo lost ZW$42 000 when his bank account was wiped clean in a case of suspected card cloning. Cloning refers to criminal duplication of one's Automated Teller Machine (ATM) cards which...

By Staff reporter | Published: 17 October 2019
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BUSINESS NEWS

Card cloning cases rise alarmingly

POLICE have said commercial crimes are on the increase in the country with cases involving the cloning of bank cards rising sharply. Speaking on the sidelines of a multi-stakeholder meeting on Interne...

By Staff reporter | Published: 27 November 2018
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FINANCIAL SERVICES

Stakeholders should act swiftly on card cloning scams

THE last few months have seen an upsurge in cases of electronic credit card fraud involving use of cloned ATM cards, as more Zimbabweans have embraced the use of plastic money due to cash shortages.Po...

By Staff reporter | Published: 21 June 2018
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FINANCIAL SERVICES

Bank card cloning scams hit Zimbabwe

Zimbabwe has been hit by a wave of sophisticated card cloning syndicates, which has seen retailers and individuals lose huge sums of money.Confederation of Zimbabwe Retailers (CZR) president Denford M...

By Staff reporter | Published: 20 June 2018
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BUSINESS NEWS

Card cloning squad arrested

FOUR card cloning suspects appeared in court after they were caught on CCTV stealing a point of sale machine at Zuva Service station.Taguma Chizema, Shawn Madzimure, Briel Matongorere and Aisha Chimha...

By Staff reporter | Published: 19 June 2018
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BUSINESS NEWS

Card cloning on the increase, police warn public

Police have warned members of the public to be wary of a syndicate of criminals that has been swindling people through card cloning, with over 150 cases having been reported countrywide since January....

By Staff reporter | Published: 18 June 2018
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FINANCIAL SERVICES

Steward Bank partners Net Guardian to curb card cloning

STEWARD Bank has partnered with Net Guardian fraud monitoring experts for banks worldwide, to implement a fraud monitoring system to ensure security of transactions, in the wake of increased card clon...

By Staff reporter | Published: 28 May 2018
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