Case snapshot

On the record

  • Target

    Retail investors and consumers seeking extra income

  • Pitch

    R30 000 ‘share-trading’ software

  • Price

    ~R30 000

  • Payment

    Credit card, 60-month budget facility

  • Product

    Analysis/simulation only; cannot execute JSE trades

  • Outcome

    Refunds obstructed; companies replaced when complaints surface

Allegations described in this investigation have not been tested in court. The businesses concerned were not identified.

Featured investigationInvestment fraud / Gauteng

The R30 000 share-trading software that cannot trade

Companies are allegedly replaced when complaints surface, while the same software, documents and sales techniques continue to be used.

Read the investigation

Case status

Right of reply sent

Evidence

Documents on file

How this works

01

Tell us what happened

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02

We investigate and give a right of reply

We check the documents against the record, then contact the person or company named in writing and publish what they say.

03

We publish and push for a resolution

The case enters the archive with its status in the open, and we keep pushing until it is resolved or refused on the record.

4 812

Cases received

1 097

Cases published

R 41.6m

Rand value recovered

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