Court orders PSG Wealth Services to pay client over R800,000 stolen in hacking
The high court in Johannesburg has ordered PSG Wealth Financial Planning to pay a client more than R800,000, plus interest, which was stolen by fraudsters through email cybercrime.
Judge Denise Fisher ruled in favour of Jan Jacobus Gerber who sued a PSG Wealth Financial Planning for the loss he sustained due to the unlawful electronic transfer of money intended for his retirement that he had invested with the company...A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and TimesLive Premium.
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