The Financial Sector Conduct Authority (FSCA) warns the public against doing any financial services business with a group of individuals that are impersonating the Aeon Investment Management (Pty) Ltd (Aeon Investment Management) brand to defraud unsuspecting investors.

These individuals target their victims through the WhatsApp messaging platform, and falsely represent themselves as employees of Aeon Investment Management and market themselves using various names and free email account platforms such as Gmail. This investment scheme also uses the domain They lure investors by selling an investment product that promises unrealistic returns in a short period of time. Investors were also requested to pay certain administrative fees in order to access these investments.

Aeon Investment Management (FSP 27126) has confirmed that it is not linked in any way to the group of individuals…

Check the full article on IOL supplied by FSCA

Check the Press Release posted on FSCA website