The Financial Sector Conduct Authority (FSCA) has alerted the public about a fraudulent website (www.viviersbrokers.com) impersonating Viviers Brokers CC (FSP 2246).
The scam offers fake investment opportunities, including retirement annuities, unit trusts, and a trading platform for forex, commodities, and indices.
Key Red Flags:
- Viviers Brokers confirmed they do NOT own a website or use one for marketing.
- The site’s operators are not FSCA-authorised to provide financial services.
- Scam tactics include:
- Promising unrealistic returns
- Pressuring victims with urgency
- Demanding upfront payments
- Offering vague investment details
How to Verify Legitimate Providers:
Call FSCA: 0800 110 443 (toll-free)
Check authorised entities:
Why This Matters:
South Africans lose millions to investment scams yearly. Fraudsters often mimic legitimate businesses—always verify before investing!
Stay safe: Bookmark FSCA’s official links and report suspicious activity.
