- South Africans have been warned against doing business with popular media influencer and forex dealer Themba Selahle who is popularly known as Grootman
- According to reports, the Financial Sector Conduct Authority (FSCA) issued an official warning advising citizens to stop investing their hard-earned cash with Grootman
- The warning also stated that his promises to the people are unreasonable and he is also not authorised to provide Financial Advisory and Intermediary Services in Mzansi
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Popular media personality Themba Selahle also known as Grootman, is under fire from authorities. The influencer is allegedly swindling people of their hard-earned cash by promising them large sums of money.
The Financial Sector Conduct Authority (FSCA) issued a stern warning telling South Africans to stop doing business with the social media influencer.
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According to ZAlebs, the government department stated that not only is Grootman promising people large sums of money, but he is also not a registered Financial Advisory and Intermediary Services provider in South Africa.
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“The Financial Sector Conduct Authority (FSCA) warns the public to be cautious when doing any financial services business with Themba Selahle – also known on social media as @xo_grootman.
“Mr. Selahle allegedly offers to trade in forex on behalf of members of the public. He promises high and unreasonable returns to clients and is alleged to ignore them when they attempt to withdraw their funds or their profits.
“The FSCA wishes to inform the public that Mr. Selahle is not authorised to provide Financial Advisory and Intermediary Services in South Africa. Members of the public should always check that an entity or individual is registered with us.”
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In more entertainment news, Briefly News also reported that Lamiez Holworthy has released a statement warning her fans and followers about online scammers using her name to defraud people of their hard-earned money.
The award-winning DJ and radio personality recently headed to her social media pages to caution her fans and followers against fraudsters who are now all over social media.
Lamiez's warning comes after a fan notified her of a WhatsApp group bearing her name that is promising people large sums of money if they invest.
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Source: Briefly News