New mafia group targeting some of the biggest companies in South Africa

• There is no evidence of a new mafia group targeting companies in South Africa, but organized criminal syndicates are increasingly targeting the country's insurance industry.
• The South African Insurance Crime Bureau (SAICB) has warned that fraud cases are linked to serious crimes, including hijackings, vehicle theft, murder, and cybercrime, and are often connected to physical crimes such as staged vehicle accidents and hijackings.
• The SAICB is working with law enforcement and insurers to detect and prevent these crimes, and has seen increased collaboration leading to more cases being detected, with social media becoming an important source of evidence in investigations.