
FSCA issues multiple public warnings about unauthorised operators
South Africans should verify anyone offering financial services or investment opportunities.

South Africans should verify anyone offering financial services or investment opportunities.

As festive spending ramps up, the FSCA has issued a string of warnings about impersonators and unauthorised entities preying on consumers.

Fraudsters are posing as the FSCA and licensed financial service providers on social media.

From impersonating financial institutions to AI-generated videos of trusted figures, fraudsters are exploiting technology and social networks to steal investors’ hard-earned money.