30 Aug 2019
FSCA: Act with caution when dealing with Coinit Trading and CommEx Minerals
By Janice Roberts
The Financial Sector Conduct Authority (FSCA) has launched an investigation into the activities of Coinit Trading (Pty) Ltd and CommEx Minerals (Pty) Ltd as these entities are suspected to be operating fraudulent schemes, with a high likelihood that clients’ investment may be misappropriated. This comes after the authority was made aware that these entities are...