Cautionary Update Regarding ***** at Multi Finance

This is a follow-up regarding the ongoing ***** incident I experienced with Multi Finance. After much effort, I successfully filed a formal ***** case with the authorities under CAS 136/8/2024. In addition, I managed to freeze two of their FNB accounts, hoping this action would compel them to resolve the matter by reimbursing me.

Initially, believing these measures would force them to settle, I accepted their offer to pay me R149,999 on the condition that I make a payment of R2,500, which I did. Unfortunately, after this payment, they requested an additional R1,999, which I also paid, still trusting this would conclude the process. However, they came back asking for yet another R1,999, which I ultimately decided not to pay, realizing this was an ongoing demand with no clear end.

To make matters worse, they have since refused to refund the R28,947 I have already paid. I strongly urge potential clients to exercise extreme caution when dealing with Multi Finance. Their practices and processes have proven to be highly questionable, and this experience serves as a serious warning for others to thoroughly investigate before engaging with them.

Please be vigilant and conduct thorough research when dealing with financial entities to avoid falling victim to similar ****s.

Their Manager is Mr Michael Abats