August 2026 Newsletter: Scam Alert – Be Informed Before Making a Payment

If you can draw it, we can make it.

August 2026 Newsletter

August at Modcon Precast

Celebrating Women in Construction and sharing an important message to help protect our customers from payment and banking scams.

Celebrating Women in Construction

Happy Women’s Month!

From all of us at Modcon Precast, we wish all the incredible women in our industry and communities a wonderful Women’s Month.

Thank you for your strength, dedication, and the difference you make every day.

Scam Alert

Be Informed Before Making a Payment

Unfortunately, we need to bring an important matter to the attention of all our customers.

Over the past few months we have seen a significant increase in scammers pretending to be Modcon Precast.

Their goal is simple: to trick customers into paying money into fraudulent bank accounts.

Please remember:

Modcon Precast has NOT changed its banking details in over 20 years.

If anyone claims that our banking details have changed, or asks you to pay into a different account, please treat this as a major red flag.

How These Scams Usually Work

Scammers often:

  • Use the Modcon Precast name and our Google location.
  • Change the email address slightly so it looks genuine.
  • Use different cellphone numbers.
  • Offer unbelievably low prices.
  • Claim to sell precast housing.
Important:
Modcon Precast does NOT manufacture or sell precast housing.

This is an example of a fraudulent advert. It is NOT Modcon Precast.

One of the most common scams involves a quotation for around R30,000, where the scammer only asks for a “delivery fee” of R2,000 to R3,000 upfront.

Many people think they are only risking a small delivery payment, only to discover they have been scammed.

If a deal seems too good to be true, it probably is.

Invoice and Banking Details Fraud

Another growing scam in South Africa involves criminals intercepting emails and sending customers invoices with altered banking details.

These fake invoices often contain:

  • Genuine quotation numbers
  • Genuine invoice numbers
  • Correct company names
  • Correct project information

The only thing that changes is the banking details.

This makes the email appear completely legitimate.

Again, Modcon Precast has not changed its banking details for over 20 years.

Protect Yourself

Before You Make Your First Payment

We strongly encourage every new customer to:

  • Verify our banking details.
  • Confirm our email address.
  • Contact us if anything seems unusual.

A simple phone call or WhatsApp message could save you thousands of Rands.

We would much rather spend two minutes confirming details than see one of our customers become the victim of fraud.

The Reality of Business Scams

Cybercrime and payment fraud continue to grow worldwide.

Some recent industry trends show:

  • South African businesses lose billions of Rand every year to cybercrime and payment fraud.
  • Invoice and banking detail fraud remain among the fastest-growing business scams.
  • Construction and building suppliers are frequently targeted because of the high value of transactions.
  • Criminals increasingly impersonate trusted suppliers to convince customers to make payments into fraudulent accounts.
The best defence is always to verify payment details before transferring any money.

Your Privacy Matters

Protecting our customers’ information is one of our highest priorities.

Modcon Precast complies with the Protection of Personal Information Act (POPIA).

Your personal information is used only for legitimate business purposes, including:

  • Processing quotations and orders
  • Bookkeeping
  • Customer support
  • Product updates
  • Company newsletters

We do not sell, distribute or share your personal information with third parties.

We have proudly served South Africa since 1955, and maintaining the trust of our customers remains one of our greatest responsibilities.

To date, Modcon Precast has never experienced a breach of customer information or banking details.

If You’re Unsure

Contact Us First

If anything about a quotation, invoice, banking details or email appears suspicious, please contact us immediately.

We can quickly confirm whether the communication is genuine.

Read the Scam Alert

Contact Modcon Precast

Johannesburg

WhatsApp:
066 355 0015

Email:
info@modconprecast.co.za

Cape Town

WhatsApp:
071 324 9837

Email:
cpt@modconprecast.co.za

Stay Vigilant. Stay Safe.

Thank you for your continued support and for helping us protect our customers from fraud.

Verify before you pay.

They use social media platforms to catch people out.

The Modcon Precast Team

Moses Venceslau - Director of Modcon Precast

Contact Modcon

Moses Venceslau

Director, Modcon

082 458 3687
011 786 2476

moses@modconprecast.co.za

Contact Moses

Follow Modcon Precast

102 2nd Ave, Kew
Johannesburg, Gauteng 2090
South Africa

© Modcon. All products, designs, dimensions, and technical details are proprietary to Modcon and protected by copyright law. Any unauthorized use, reproduction, or distribution is strictly prohibited.

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