Fraud
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Orange SA CEO Stephane Richard Faces Fraud Verdict
Orange CEO Stephane Ricard has found himself in a bit of hot water with complicity in fraud and embezzlement charges dating back to his days in the French Ministry and this may result in Orange SA risking losing its CEO next week over decade-old allegations of fraud that have clouded his leadership of France’s biggest phone…
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Econet Warns of Fraudulent Investment Schemes
Telecoms group Econet Wireless has warned the public to be wary of fraudulent investment schemes being run on social media platforms. Some of these schemes use Econet’s electronic money transfer system, EcoCash, to dupe unsuspecting members of the public. One such investment scheme called “EcoCash Trades” has been circulating on WhatsApp offering as much as…
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Fraud threatens the sustainability of insurance business
By Byron Mutingwende Fraud has emerged as a thorny issue threatening the sustainability of the insurance industry, negatively impacting the regulators, policyholders and citizens alike. Speaking at the insurance fraud investigation and insurance workshop organised by the African Association of Financial Forensic Analysts (AAFFA) at the Rainbow Towers Hotel last week, Pupurai Togarepi,…