Sharp rise in identity theft

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CONSUMERS have been warned to protect their personal information after new statistics released by the Southern African Fraud Prevention Service (SAFPS) show a sharp increase in identity fraud over the past year.

According to the SAFPS report on 2020 fraud statistics, impersonation fraud was up by a whopping 337% over 2019’s figures.

Impersonation fraud is where someone steals your identity to apply for credit, open accounts and make purchases against your name.

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