CURRENTLY ON AIR ⇒
  • Highlights of the Days Programmes
    Wednesday, 10:05 pm - 4:00 am
    [ - ]

feedback@radioislam.org.za

logo


((( Listen Live )))))
Radio Islam Logo


Tax Season Scam Surge Prompts Standard Bank to Issue Urgent Warning

Neelam Rahim | neelam@radioislam.co.za
3-minute read
04 July 2025 | 07:30 CAT

As tax season takes full swing, South Africans are being warned to brace themselves for an onslaught of scams targeting unsuspecting individuals and businesses. Advocate Athaly Khan, speaking to Radio Islam International on behalf of Standard Bank, says the increase in fraudulent activity at this time of year is no coincidence.

“Tax time gives scammers the perfect cover,” Khan explains. “People are expecting communication from SARS, and fraudsters use this to send fake messages that look so legitimate they can fool even the most tech-savvy professionals.”

From fake SARS letters to intimidating calls impersonating law enforcement, scam tactics are becoming increasingly sophisticated. Khan highlights the psychological manipulation involved: “They create fear and confusion to corner victims into making payments they otherwise wouldn’t.”

Digital fraud methods such as phishing, smishing, and now quishing are also on the rise. “Clicking a single link or scanning a QR code can give scammers full access to your device, including banking apps,” warns Khan.

Once a victim is compromised, the fallout can be severe. However, Khan stresses the importance of quick action: “Don’t panic, but act fast. Immediately report any suspected fraud to your bank so accounts can be frozen and investigations launched.”

Standard Bank offers several tools to help consumers verify communications and protect themselves. Their Account Verification Service (AVS) confirms legitimate beneficiaries before payments are made. In addition, their Beat the Scam platform provides real-time updates on emerging fraud tactics.

Khan also urges vigilance, especially around emails or messages requesting urgent payments or changes to banking details. “The bank will never ask you to transfer money. That’s the clearest red flag.”

SARS, too, has ramped up its digital services to reduce fraud vulnerabilities. From Mobi apps to secure appointment booking systems, taxpayers are encouraged to use official channels only.

In closing, Khan shares golden rules for staying safe:
“Always verify before paying. Never click on unknown links. Don’t give away passwords or sensitive information over calls or emails. When in doubt, call your bank.”

As the country’s business tax deadline looms, Standard Bank’s message is clear: stay informed, stay alert, and stay in control of your finances.

Listen to the full interview on The Daily Round-Up with Moulana Junaid Kharsany and Advocate Athaly Khan.

 

ADVERTISE HERE

Prime Spot!!!

Contact:
advertisingadmin@radioislam.co.za 

Related Articles

Port of Gauteng

Port of Gauteng

Rabia Mayet | rabiamayet@radioislam.co.za 07 October 2025 3-minute read The decline and deterioration in the inland transportation links in across South Africa over the last two decades has led to a “white paper” documenting new plans by NT55 Investments, a R50...

read more
Two years later: Remembering, reflecting, resisting

Two years later: Remembering, reflecting, resisting

8 October 2025 | 10:44 CAT 2-minute read Mapping Israel’s Decline As the world marks two years since the most recent outbreak of Israel’s onslaught on Gaza, global economic pressures on Israel have surged to levels that scholars, economists, and investment firms...

read more
The Media Lens

The Media Lens

8 October 2025 | 09:03 CAT 3-minute read France in Turmoil: Macron Faces Crisis as Yet Another Prime Minister Resigns in Hours Paris, 8 October 2025 — France’s political fabric is tearing at its seams. In the space of just weeks, President Emmanuel Macron has seen...

read more

Subscribe to our Newsletter

0 Comments