FSB: Exercise caution when dealing with an entity styling itself Platinum Investments

The public is warned to exercise caution when dealing with an entity styling itself Platinum Investments based in Ermelo, Mpumalanga. Platinum is soliciting investments over the internet. Two options are offered to investors by Platinum. Option 1 promises returns of between 100 to 200% within 2 days of investment. Option 2 is the purchase of unnamed shares of a company whose shares will purportedly be listed on the JSE Securities Exchange in the coming week. In terms of both options investors are requested to make payments into a bank account held in the name of Makaza Auto Traders CC. The licence of Makaza Auto Traders CC, previously an authorised financial services provider, was withdrawn on 9 July 2009. Platinum Investments is neither an authorised financial services provider nor a representative of an authorised financial services provider.