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South Africans hit with major “FACEBK” card fraud

South Africans with credit cards issued by First National Bank (FNB), Standard Bank, Nedbank, Capitec, and Absa are complaining that fraudulent transactions processed by Facebook are draining their accounts.

Customers from both banks have contacted MyBroadband, complaining that large amounts have been deducted from their cards. They all said that the transaction description contained the contraction “FACEBK”.

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