Avoid becoming a victim of cash robberies
Police share tips to assist stokvel and saving club members from being victims of cash robberies.
Tips from the police to assist stokvel and saving club members from being victims of cash robberies:
1. Refrain from making cash deposits of club members’ contributions on high risk days (e.g. Monday after month end)
2. Ensure persons depositing club cash contributions or making withdrawals are accompanied by another club member.
3. A stokvel, savings club or burial society can arrange for members to deposit cash directly into the club’s account instead of collecting cash contributions.
4. Keep information regarding dates of withdrawals and other information private.
5. The fewer persons who know the safer it is. Arrange for the club’s payout to be electronically transferred into each club member’s personal account or accounts of their choice
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