FPI investigates RVAF investment scheme

17 Jan

Author: RISKSA

Publications: RISKSA

Date Published: 17 January 2013

The Financial Planning Institute (FPI) has launched an investigation into possible breaches of its Code of Ethics and Professional Responsibility by members who may have advised clients to invest money in the Relative Value Arbitrage Fund (RVAF) investment scheme.

In July last year, Herman Pretorius, who ran the scheme, fatally shot himself and an associate, Julian Williams, after the Financial Services Board (FSB) announced its investigation of the RVAF. Investors are reported to have lost hundreds  ……….

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