Phuthuma Nathi has been made aware of a scam targeting members of the South African public. The scam claims to come from Phuthuma Nathi and aims to defraud people of their money. The fraudsters imply that the targeted recipients will benefit from trades in Phuthuma Nathi shares made on their behalf if they deposit cash into a third-party account. The returns promised are very enticing. Once money is transferred into the account the funds disappear.
Phuthuma Nathi urges you to exercise extreme caution when receiving calls, text messages or emails from an unknown source, particularly when they include requests to part with money. Phishing emails, texts and calls can be very convincing, with company logos and banners copied from websites.
Tips to avoid becoming a victim of a phishing scam:
For more information contact Equity Express (Pty) Ltd (administrators of Phuthuma Nathi trading platforms)
Phuthuma Nathi 1 and Phuthuma Nathi 2 have engaged and continue to engage proactively with the Registrar of Securities Services (the "Registrar") regarding the application of the Financial Markets Act, 2012 (the "FM Act") to the trading platforms. Following such engagement, the Registrar has agreed to extend the temporary exemption granted to Phuthuma Nathi 1 and Phuthuma Nathi 2 to regularise their affairs until 31 March 2017. This extension is subject to certain conditions which Phuthuma Nathi 1 and Phuthuma Nathi 2 have to (and will) comply with on an ongoing basis. Phuthuma Nathi 1 and Phuthuma Nathi 2 will continue to build on the positive engagement they have had with the Registrar so far and remain committed to complying with any directives and/or conditions issued by the Registrar.