Preventing and Combating Fraud Act (South Africa)

The Preventing and Combating Fraud Act in South Africa is a law designed to reduce and address fraud and related crimes. It sets out measures to prevent dishonest activities, such as theft, deception, or fraudulent schemes, especially those that threaten financial systems and public trust. The Act clarifies legal definitions, establishes penalties for offenders, and provides authorities with the tools to investigate and prosecute fraud cases effectively. Overall, it aims to protect individuals and organizations from financial harm caused by fraud, promoting transparency and integrity within society and the economy.