Criminals are becoming more sophisticated and we need to take extra care before handing over our hard-earned cash.The FSCA received information that there is a person soliciting funds from people, purporting to act for a company named the Blue Alpha Alliance Group. Blue Alpha Alliance Group offers share investments in the “Uber and Taxify business”.
It is the FSCA’s view that the above-mentioned entity is an unregistered business providing advisory and intermediary services without the necessary authorisation.A company called Western Loan Finance is falsely using the name and brand of the now defunct Financial Services Board to defraud members of the public by offering them opportunities to receive financial loans.
The FSB ceased to exist as the market regulator and was replaced by the FSCA on April 1 2018. No correspondence under the FSB brand has been sent out since then. Members of the public who have received such correspondence from this counterfeit “FSB” company should inform the FSCA immediately.It was brought to the FSCA’s attention that Tradefarm claims to be an authorised financial services provider , taking funds from the members of the public to invest on their behalf.
He alleges that Nadex Investments is a subsidiary of AIP Capital Management Ltd, an authorised FSP – with FSP number .
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
How to watch the Soweto Derby live on your phoneSPONSORED | Livestream this weekend’s Chiefs vs Pirates match on your phone using the DStv Now app
Source: SowetanLIVE - 🏆 13. / 63 Read more »
Source: eNCA - 🏆 49. / 51 Read more »
WATCH | Python's venison breakfast interrupted on Zimbali golf courseAn African rock python was spotted ready to devour its breakfast, a buck, on the seventh hole of the prestigious Zimbali Golf Course on the KwaZulu-Natal north coast on Sunday morning. Durban is filled with Snakes yeses 😨😨 Mmmmm it's dangerous when we take a walk at night thank I'm not going there 😉 They paved over it's home
Source: SowetanLIVE - 🏆 13. / 63 Read more »
WATCH | Women protest outside parliament ahead of budget speechHundreds of women protested outside the gates of parliament in Cape Town on Wednesday ahead of finance minister Tito Mboweni’s annual budget speech.
Source: SowetanLIVE - 🏆 13. / 63 Read more »
How to watch the Soweto Derby live on your phoneSPONSORED | Livestream this weekend’s Chiefs vs Pirates match on your phone using the DStv Now app
Source: SowetanLIVE - 🏆 13. / 63 Read more »
Source: Channel24 - 🏆 48. / 51 Read more »