Latest News & Developments
banxso
Philippines Scam Hub Targeting South Africans Exposed Whilst Local Regulator Remains Selectively Silent
South Africans are falling victim to sophisticated international scams, including a recently exposed call centre in the Philippines. As the Financial Sector Conduct Authority remains silent, troubling inconsistencies in regulatory enforcement come to light.
NPA Hit with Massive Legal Bill After Botched Banxso Case
Taxpayers left to foot nearly R500,000 after prosecutors' failed funds grab backfires in court.
The Scapegoating of Banxso: How Regulatory Overreach Missed the Bigger Picture
Is Banxso being unfairly targeted by South African regulators while a network of deceptive marketers operates unchecked?
Misleading Narratives and Sensational Claims: The Flawed Logic Behind the Banxso Scandal Story
Explore the troubling allegations against Banxso in the wake of a Moneyweb article, as we dissect the evidence—or lack thereof—behind sensational claims and the potential consequences for media integrity.
WATCH LIVE | Banxso Liquidation Case Continues in Western Cape High Court
Live coverage of the Banxso liquidation case unfolds in the Western Cape High Court, as investor Carol Margret Wentzel challenges the trading platform's practices amid allegations of fraud.
WATCH LIVE | Banxso battle heads to Western Cape High Court
The Wentzel v Banxso liquidation case continues at the Western Cape High Court. Don't miss our live coverage.
Regulatory Blindspot: South Africa's Financial Watchdog Silent on Multi-Billion Rand Scam
An international syndicate has allegedly defrauded South African investors of hundreds of millions, operating under the guise of legitimate financial service providers, while the country's financial regulator remains slow to respond despite mounting evidence.
Banxso Legal Battle Drags On: Applicants Face Mounting Pressure Amid Court Delays and Regulatory Questions
Banxso's legal battle leaves thousands of customers anxious about frozen funds as court dates approach. The outcome may reshape South Africa's online trading landscape.
FSCA Under Fire: Regulatory Double Standards Exposed in Multi-Billion Rand Scam Case
Is the FSCA failing South African investors? Explore the shocking allegations of regulatory double standards as the authority remains silent on a multi-billion rand scam while swiftly acting against others.
Banxso client accuses attorneys Mostert and Bosman of ulterior motives
Desiree Martin, a client of Banxso, has accused Pierre Du Toit of Mostert and Bosman of obstructing all efforts to recover funds from Banxso - claiming that while they risked losing money, Du Toit stood to benefit from the company's liquidation
Regulatory Battle Intensifies: FSCA Accused of Misusing Legal Powers in High-Stakes Liquidation Case
The case has exposed what appears to be a concerning pattern of regulatory overreach on the part of the Financial Sector Conduct Authority.
Legal Storm Brews: Mostert and Bosman Accused of Withholding R57m Banxso Settlement from Clients
Clients accuse Mostert and Bosman of failing to disclose a significant R57m settlement offer from Banxso, raising questions about transparency in the ongoing liquidation battle.
Explosive Claims of 'Liquidation Cartel' as Banxso Scandal Deepens
Banxso's R57 million settlement offer was rejected, raising serious questions about the motives behind its liquidation proceedings.
Banxso's Commitment to Bafana Bafana Continues Despite Questionable Liquidation Proceedings
As Bafana Bafana prepares for crucial upcoming competitions, including the Africa Cup of Nations and World Cup qualifiers, the resolution of these proceedings carries significant implications for South African football's commercial partnerships.