Money Laundering Scams In SA

Since the 1980’s the money laundering schemes known as ‘419 Fraud’ have been increasing in volume and strength. Named after the section of the Criminal Code of Nigeria known as the “419 AFF” (419 Advance Fee Fraud), billions of dollars have been illegally transacted from mostly every day individuals who accepted an illicit offering. While the main focus of activities began in Nigerian West Africa, the perpetrators have expanded their