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SA investors bemoan the millions they have lost in OrbVest – The Mail & Guardian

Summary by mg.co.za
South Africans who sank millions of rands into an investment scheme after being promised lucrative shareholdings in medical real estate in the United States say they have lost their life savings because they cannot withdraw their money and any return on investment.  But directors and representatives of the companies that have promoted and enabled the investment scheme at different points since 2016, including Wealth Migrate, OrbVest Limited in t…

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SA investors bemoan the millions they have lost in OrbVest – The Mail & Guardian

South Africans who sank millions of rands into an investment scheme after being promised lucrative shareholdings in medical real estate in the United States say they have lost their life savings because they cannot withdraw their money and any return on investment.  But directors and representatives of the companies that have promoted and enabled the investment scheme at different points since 2016, including Wealth Migrate, OrbVest Limited in t…

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SA investors bemoan the millions they have lost in OrbVest

The real estate financial services provider says it has recorded strong returns – but losses were incurred in its US medical properties This content is restricted to subscribers only. Join the M&G Community Our commitment at the Mail & Guardian is to ensure every reader enjoys the finest experience. Join the M&G community and support us in delivering in-depth news to you consistently. Subscribe Subscription enables: – M&G community membership …

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mg.co.za broke the news in on Friday, April 4, 2025.
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