
Scammers impersonate credit providers on loan applications
FSCA also warns about unauthorised funeral policies being sold by a company in the Western Cape.
FSCA also warns about unauthorised funeral policies being sold by a company in the Western Cape.
The FSCA also advises the public to be cautious of World Option Crypto and JoziEx.
The FSCA has issued warnings about individuals and entities promising unrealistic returns while lacking the required authorisation to offer financial services.
Impersonators are using the names of authorised financial firms, Truffle Asset Management and Vista Wealth Management, to defraud people.
AI-generated media make it seem as if one of South Africa’s richest people is endorsing an ‘investment’.
The FSCA says the scammers are also misusing the FSP number of a Bloemfontein-based financial planning business.
The Authority also warns about fraudsters impersonating HF Markets, and urges caution when doing business with FXNONSTOP and Tiger Agriculture.
Fraudsters are contacting taxpayers who are issued with auto-assessments and impersonating SARS.
The FSCA encourages the public to be cautious of fraudulent schemes on messaging platforms, as they are on the rise.
An offer to assist the investor with recovering her returns from the individuals who defrauded also turned out to be a scam.