Today our guest is Founder of Debt Emancipation Movement Nolubabalo Nyati.
- The Financial Services Conduct Authority has warned the public to be cautious when doing business with a WhatsApp group named Fairtree Capital.
- The Authority says the individuals behind the WhatsApp group are not authorised to render any financial advice and intermediary services.
- Creators of the WhatsApp group are allegedly soliciting investments from people and promising unrealistic and excessive returns while using the names of a legitimate financial services providers like Fairtree Asset Management, Fairtree Capital Hospitality and Fairtre Private Client.
- The financial oversight body said the Fairtree group had confirmed they were in no way associated with the WhatsApp group.