Is it just me or do other people also find this utterly reprehensible.
There are 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 investigate such investment related issues.
These same directors of Sharemax who caused the problem have been appointed by the Court to resolve the problem through their new company, Nova Group (... how the heck did that happen???). Talk about the fox guarding the hen-house!
Now these "foxes" have the absolute audacity to threaten any investor who turns to the relevant authority for help. UTTERLY REPREHENSIBLE!
...... and by the way, how is it possible that none of the plethora of Regulatory Authorities in the finance sector in SA have seen fit to act in any meaningful way pursuant to the Ombud's scathing report confirming the existence of a Ponzi Scheme or the fact that one of the Pensioners who lost their money committed suicide in front of the Nova office?