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Arion Loan (Pty)



Arion Loan (Pty) - Warnung FSB South Africa - 2016-Apr-06



FSB warns the public against Arion Loan (Pty)

The Financial Services Board (FSB) warns the public to act with caution when dealing with
Arion Loan (Pty), an entity purporting to be registered as a financial services provider, and its
agents.

Arion Loan (Pty) is not authorised in terms of the Financial Advisory and Intermediary
Services Act, 2002 (FAIS Act), to render any financial advice and intermediary services.
The FSB has received information that Arion Loan (Pty) is using a fake FSB certificate to
dupe the public into believing that it is a registered FSP and provide financial services
illegally.

The copies of the certificate shown to unsuspecting members of the public are faked from the
original certificate of Africa Vukani Investment Management Services (Pty) Ltd – FSP 691 –
with its name replaced by Arion Loan (Pty).

Arica Vukani Investment Management Services (Pty) Ltd FSP 691 is authorised in terms of
the Financial Advisory and Intermediary Services Act, 2002 (FAIS Act), to render financial
advice and intermediary services.

Africa Vukani Investment Management Services (Pty) Ltd has indicated to the FSB that it has
no connection whatsoever with Arion Loan (Pty).

The FSB again reminds consumers who wish to conduct financial services with an institution
or person to check beforehand with the FSB on either the toll free number (0800 110 443) or
on the website www.fsb.co.za as to whether or not such institution or person is authorised to
render financial services.

-Ends

Enquiries: Ms Tembisa Marele
Communications Specialist
Financial Services Board
Email address: Tembisa.Marele@fsb.co.za
Telephone: 012 428 8025
083 754 2052