Missing: R475m invested in Kempton Park disbarred financial advisor's 'investment' scheme | Business

  • 📰 News24
  • ⏱ Reading Time:
  • 11 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 80%

United States News News

United States United States Latest News,United States United States Headlines

Prosecutors are seeking to seize millions of rand from disbarred financial advisor Jacobus Geldenhuis, who the State says solicited almost R500 million in investments despite his company not having an operating licence. | JanTamb News24_Business

The Asset Forfeiture Unit has already frozen R19.5 million in funds in four bank accounts linked to the 63-year-old Kempton Park resident and his company Classic Financial Services One.

Get 14 days free to read all our investigative and in-depth journalism. Thereafter you will be billed R75 per month. You can cancel anytime and if you cancel within 14 days you won't be billed.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 4. in US
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

United States United States Latest News, United States United States Headlines