For years, many claims of fraudulent transactions, scams, and compromised accounts have been cast upon Standard Bank’s legacy. A reigning FSP (financial service provider) for the longest of time, Standard Bank may be facing a faster downfall than its rise.
Earlier this week, Prof. Anele Hammond opened up on TikTok about the life-threatening encounters she has experienced with Standard Bank for years of her life. A financial institution caused an immense amount of terror in this licensed pilot’s life, which nearly resulted in the taking of her life. Let’s start the story from the beginning…
Prof. Anele Hammond decided that she had wanted to buy a new car, and she went to the dealership and once she had found the car that she preferred, she paid for the car in cash. She was told to come and collect the car after two days once the car had been registered. The day to collect the car came, but she ended being told that she had to send the international payment back, as she stayed overseas at the time, and continue the transaction with a local bank. The following day, she received confirmation that Standard Bank has approved the loan.
She proceeded to sign any necessary documents she had to in order to get the car, and at the end of the month, the bank deducted nearly double of the agreed installment. She informed the bank of this error, and they claimed to not know who she is. A month later, they deducted the same amount, and this forced her to fight for her money. Unfortunately, Standard Bank still gave her a hard time.
She decided to stop paying for the car and opened a separate account and deposited the money required. She bought a new car and three months later, the bank wrote a letter registered to her daughter and they stated that she had not paid any installments in three months. She confronted the bank and informed them of all the errors the bank had been occurring. Standard Bank officially declared war on this woman’s life.
Standard Bank took Prof. Hammond to court and applied to repossess her car. Eight months later, the bank provided false documents to slander the professor’s name.
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She finally drew a line against Standard Bank and decided to open a fraud case against them. Since then, her life has never been the same.
After opening the case and winning, she has stated that she has experienced several armed robberies, has been beaten and threatened in an attempt to silence her. There had even been incident where the armed gunmen hung her from a noose and left her for dead.
From finding a fraudulent judge to trespassing her property with police officers to harass her, the bank did not let her rest.
Standard Bank has since released a statement saying, “The suggestion that Standard Bank and its representatives have engaged in or authorised criminal activity, including fraud, is false and baseless.”
Where this case will lead will only unfold over time, but we’ll keep you posted!
