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.
Issued by Kim Barty on behalf of Fairtree Capital. For further information please contact her on firstname.lastname@example.org or 083 630 6861.
Fairtree Capital is a South African investment manager capturing growth potential wherever it exists. We believe in creating wealth in the long-term and our active and passive approach ensures diversification and mitigates risk across our range of unit trust funds, hedge funds and private equity hospitality fund range.
As an owner-managed asset management company, Fairtree Capital has licenses to develop portfolios that are unique to the South African investment environment. We’ve been in the business for over a decade, with over R41 billion under management.