FSB investigates brokers for punting ‘Ponzi’ fund

16 Aug

Author: Unknown

Publications: justmoney.co.za

Date Publiched: 16 August 2012

The Financial Services Board (FSB) has confirmed today that it is investigating financial advisors and brokers that promoted the Relative Value Arbitrage Fund (RVAF) managed by Herman Pretorius and is appealing for people with more information to come forward. A spokesperson said: “I can confirm that we are receiving information from various investors regarding the financial advisers and brokers that recommended the late Mr Pretorius’ investment ………………

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