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https://www.iol.co.za/personal-finance/ombud-orders-advisers-to-pay-back-the-money-13601546
Mar 06, 2018 · The determinations were against Sharemax and four of its former directors: Gert Goosen, Willem Botha, Dominique Haese and Andre Brand. They …
https://www.iol.co.za/business-report/fais-ombud-refers-pensioners-sharemax-complaint-to-court-10769648
Aug 13, 2017 · Fais Ombud refers pensioner's Sharemax complaint to court. ... Noluntu Bam. JOHANNESBURG - Pieter Taljaard filed eight complaints with the Fais Ombud in …
https://www.fin24.com/companies/property/the-luxurious-lives-of-sharemax-bosses-20111113
Nov 13, 2011 · The luxurious lives of Sharemax bosses Nov 13 2011 11:03. Jaques Pauw. Related Articles Panic over another property scheme Sharemax malls may be saved Questions haunt Sharemax arrangement New hope for some Sharemax investors New plan punted to save Sharemax Why Sharemax deserves a death blow .
https://garethsfirstlaw.blogspot.com/2014/09/sharemax-complaints-surge-after-bam.html
Sep 19, 2014 · Sharemax complaints surge after Bam determination Sars applies for liquidation of Sharemax and termination of the business rescue process. The South African Revenue Service (Sars) has applied for the liquidation of Sharemax Investments and for the business rescue proceedings of the company to be terminated.
https://www.complaintsboard.com/sharemax-investments-repayment-of-contributions-c371406
Consumer complaints and reviews about Sharemax Investments. Repayment of Contributions. ... On 15 April 2010 we’ve started with an R 500.00 premium investment at Sharemax Investment Pty (Ltd). The investment was paid by a debit order on a monthly frequency.Author: Thersia
https://www.moonstone.co.za/tag/sharemax/
In a recent decision concerning a Sharemax investment, the FSB Appeal Board said that section 20(3) of the FAIS Act requires the FAIS Ombud to consider complaints in a procedurally fair, informal, economical and expeditious manner, and by what is equitable in all circumstances.
https://www.moneyweb.co.za/in-depth/investigations/sharemax-directors-win-appeal/
Apr 13, 2015 · The ombud took it upon herself to “join” four former and present Sharemax directors to the complaints. The directors are: Willie Botha, Dominique Haese, Andre Brand and Gert Goosen. Sharemax ...
https://www.moneyweb.co.za/uncategorized/sharemax-complaints-surge-after-bam-determination/
Sep 18, 2014 · Rossato contends that Myburgh, the chairman of the Nova Group of Companies, said Sharemax couldn’t pay the amount to Sars due to approximately 500 new complaints lodged at the Ombud following ...
https://www.businessinsider.co.za/fais-ombud-rules-two-more-financial-advisors-must-repay-sharemax-investors-2019-3
In two new rulings, the Ombud for financial services providers says two brokers must repay investors in Sharemax schemes a total of R270,000. Sharemax collapsed more than eight years ago, and several investors have died before they could recover their money.
https://www.moonstone.co.za/many-property-syndication-complaints-not-yet-finalised/
Mar 12, 2018 · The old saying that the wheels of justice grind slowly is certainly true when it comes to property syndication complaints addressed to the FAIS Ombud. With the demise of Sharemax in 2010, disgruntled investors who believed that their advisers were wrong had three years to lay a complaint from the day they became aware or ought reasonably to ...
https://garethsfirstlaw.blogspot.com/2013/09/sharemax-director-warns-against-fais.html
Sep 27, 2013 · Sharemax director warns against Fais Ombud complaints. ... pensioners who find themselves in absolutely dire circumstances as a direct result of the actions of the Directors of Sharemax. They are desperately seeking some way of reclaiming their "lost" funds and logically approach the Fais Ombud, who is the relevant person appointed to ...
https://citizen.co.za/uncategorized/52016/complain-and-lose-your-shares-nova/
‘Complain and lose your shares’ – Nova ... or debentures as a result of the restructure of property syndications promoted by Sharemax Investments. ... of these complaints have already been ...
https://www.fin24.com/Companies/Property/Brokers-to-pay-up-for-dodgy-schemes-20120910
Sep 10, 2012 · Risk had advised several of his elderly clients to invest in Sharemax property syndications. After the scheme collapsed, eight of Risk's clients lodged complaints against him with the ombudsman. In each case Fais ombudsman Nolunto Bam determined that Risk should repay his clients. The total amount involved was R3.08m.
https://www.lhtc.co.za/can-you-sue-a-bad-investment-advisor-it-depends/
Can you sue a bad investment advisor? It depends… If you want to send shivers down the spine of any investor, mention “Steinhoff”, or “Sharemax”, or any one of the many other spectacular corporate collapses that have plagued both local and overseas investors in recent times. Quite apart from the high-profile failures it’s been a […]
https://citizen.co.za/uncategorized/75312/sharemax-victims-can-still-turn-ombudsman-fsb/
Cash-strapped Sharemax investors can ignore contrary threats from the Nova Group and file complaints with the financial ombudsman, the Financial Services Board (FSB) says.
https://louwcoet.co.za/can-you-sue-a-bad-investment-advisor-it-depends/
It can award “fair compensation for the financial prejudice or damage suffered” up to its jurisdictional limit of R800,000. In at least two Sharemax complaints, compensation orders have been issued, but many more have been dismissed. Ask your lawyer which route is best for you. And last but not least, some advice for financial advisors
https://www.southafricanlawyer.co.za/article/2017/08/ombud-refers-pensioners-sharemax-complaint-to-court/
Aug 14, 2017 · A pensioner who invested in various property syndication schemes promoted and marketed by Sharemax Investments and Propspec, and was seeking the repayment of R1.54m he invested and lost in these schemes, has had his complaint referred to court. Pieter Taljaard
http://www.kclaw.co.za/category/delict-and-civil-claims/
It can award “fair compensation for the financial prejudice or damage suffered” up to its jurisdictional limit of R800,000. In at least two Sharemax complaints, compensation orders have been issued, but many more have been dismissed. Ask your lawyer which route is best for you. And last but not least, some advice for financial advisors
https://rvafmediareleases.wordpress.com/2013/09/24/sharemax-director-warns-against-fais-ombud-complaints/
Sep 24, 2013 · Author: Julius Cobbett Publications: MoneyWeb Date Published: 24 September 2013 Dominique Haese claims investors might lose their right to investment returns. JOHANNESBURG – Investors in Nova Group Investments have been cautioned against pursuing complaints with Fais Ombud Noluntu Bam. Investors have been warned that if they pursue their complaints, they may forfeit their …
https://dotnewsconnect.co.za/law/2020/can-you-sue-a-bad-investment-advisor-it-depends/
It can award “fair compensation for the financial prejudice or damage suffered” up to its jurisdictional limit of R800,000. In at least two Sharemax complaints, compensation orders have been issued, but many more have been dismissed. Ask your lawyer which route is best for you. And last but not least, some advice for financial advisorsAuthor: Lawdotnews
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