🇿🇦 South Africa 1d ago · Tshehla Cornelius Koteli

Beware of these scammers soliciting investments on Telegram, warns FSCA

The Citizen SA
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Beware of these scammers soliciting investments on Telegram, warns FSCA
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The Financial Sector Conduct Authority (FSCA) is warning South Africans to exercise extra caution when conducting financial services business with Sappi Online Investment and individuals purporting to be associated with Mattercap Investments.



The warning comes after the market conduct regulator received information that there are individuals pretending to be from the two companies on the instant messaging app and social media platform Telegram, soliciting money from South Africans.



The FSC

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