The Financial Sector Conduct Authority (FSCA) issued a statement on the 5th of June 2018 warning the public to take caution when dealing with an entity purporting to be Fairtree Capital.
According to Fairtree Capital CEO Kobus Nel, the fraudsters were identified at the beginning of March and immediately reported to the authorities.
“The website was secured and does not offer any risk to our current clients or new clients seeking investment opportunities,” said Nel.
Nel confirmed that the authorised Fairtree Capital does not have any affiliation with the mentioned website or associated social media groups.