PB
Pieter B
Active since Apr 2022
2
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0
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Reviews
2 reviews47 months ago
Bad Investment
PEOPLE PLEASE BE ALERTED OF AFRISTRAT LTD. Afristrat Ltd is a company who are running people's hard earned money who they Invest as a SCAM. On 2016-01-20 I Invested R50 000.00 with Ecsponet Financial Services for 5year period at 100% of Initial investment payable after 5 years at a Fix rate of 11.2% per annum, payable at redemption. The risk profile was Moderate, Investment No: ECSB000444 and I was told that I will get R85 000.00 at the end of the period. Class B Preferrence Share Certificate Number 00090023 Account Number C0000003697 was issued by Computershare on 2016-03-04 with 500 JSE SHARE CODE. So according to all of this on 2021-01-20 I should have get R85 000.00, but on 2020-06-05, about 6 months before the time, Ecsponent Ltd start with their troubles and gave me 2 175 185 Ordinary Shares on 2020-6-08 for my Investment. Again on 2020-10-16 Ecsponent Ltd start another thing by changing their name to Afristrat Ltd and gave me 2175185 Afristrat shares at a price of R0.01. Now my R50 000.00 is worth R21 751.85, a lost of R28 824.15 plus the R35 000.00 of my original Investment! If you think that is all. Then Afristrat Ltd started with their troubles again. On 2022-04-11 Afristrat Ltd started with consolidation of shares and gave me only 18 126 dematerialised Afristrat ordinary shares at R0.22 per share, held by Computershare CSDP. Now my R50 000.00 is worth R3 987.72, a lost of R46 012.28 plus the R35 000.00 of my original Investment! THIS PROVES THAT PEOPLE MUST BE ALERTED BEFORE THEY DO DEALINGS WITH AFRISTRAT LTD.
0 replies
47 months ago
Investment Scam
PEOPLE PLEASE BE ALERTED OF AFRISTRAT LTD. Afristrat Ltd is a company who are running people's hard earned money who they Invest as a SCAM. On 2016-01-20 I Invested R50 000.00 with Ecsponet Financial Services for 5year period at 100% of Initial investment payable after 5 years at a Fix rate of 11.2% per annum, payable at redemption. The risk profile was Moderate, Investment No: ECSB000444 and I was told that I will get R85 000.00 at the end of the period. Class B Preferrence Share Certificate Number 00090023 Account Number C0000003697 was issued by Computershare on 2016-03-04 with 500 JSE SHARE CODE. So according to all of this on 2021-01-20 I should have get R85 000.00, but on 2020-06-05, about 6 months before the time, Ecsponent Ltd start with their troubles and gave me 2 175 185 Ordinary Shares on 2020-6-08 for my Investment. Again on 2020-10-16 Ecsponent Ltd start another thing by changing their name to Afristrat Ltd and gave me 2175185 Afristrat shares at a price of R0.01. Now my R50 000.00 is worth R21 751.85, a lost of R28 824.15 plus the R35 000.00 of my original Investment! If you think that is all. Then Afristrat Ltd started with their troubles again. On 2022-04-11 Afristrat Ltd started with consolidation of shares and gave me only 18 126 dematerialised Afristrat ordinary shares at R0.22 per share, held by Computershare CSDP. Now my R50 000.00 is worth R3 987.72, a lost of R46 012.28 plus the R35 000.00 of my original Investment! THIS PROVES THAT PEOPLE MUST BE ALERTED BEFORE THEY DO DEALINGS WITH AFRISTRAT LTD.
0 replies
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