DM
DIMAKATSO M

1 reviews | Active since Feb 2017

06 Feb 2017, 16:57

cadiz is adishonest company

<p>I TOOK OUT AN INVESTMENT WITH CADIZ ON THE 12TH OF JANUARY 2017,R238 000 WAS DEDUCTED FROM MY ACCOUNT ON THE 16th OF JANUARY 2017,</p> <p><br />ON THE 21ST OF JANUARY 2017 I SENT THE FOLLOWING EMAIL TO cadiz"Good morning</p> <p><br />i took out an investment on the 16th of january 2017 by a once off debit order collection of R238 000,what is a cooling off period before i can be able to have access (withdraw )the funds?"</p> <p><br />I RECEIVED THE FOLLOWING REPLY FROM YOUR OFFICE</p> <p><br />'"Dear Miss Mmapeya,<br /> </p> <p>We have explained the 14 BUSINESS day clearance period to you in previous emails.</p> <p>The funds will only clear after the 6th February.</p> <p> </p> <p>Kind regards</p> <p>Sarah Bell"</p> <p> </p> <p> </p> <p> </p> <p>THEN ON THE 6TH OF JANUARY 2017 I SUBMITTED AN APPLICATION TO SELL MY UNITS AS I NEED MONEY URGENTLY FOR MY TUITION FEES.</p> <p> </p> <p><br />I THEN RECEIVED THE FOLLOWING RESPONSE FROM cadiz</p> <p> </p> <p><br />" </p> <p> </p> <p>Dear Ms Mmapeya</p> <p> </p> <p>We acknowledge receipt of your redemption instruction.</p> <p> </p> <p>Please note that your initial debit order has not been cleared by your bank as yet. This only occurs after 40 days from the date of the collection.</p> <p>The redemption will be processed upon confirmation from your bankers (FNB) that the funds have been cleared on their side.</p> <p> </p> <p> </p> <p>Kind regards</p> <p>Lynette Scullard"</p> <p> </p> <p> </p> <p> </p> <p>I WAS EXPECTING MY FUNDS TO BE PAID OUT ON THE 6TH ONLY TO BE TOLD THAT I NEED TO WAIT ANOTHER 20 DAYS ,I HAD ALREADY MADE PLANS WITH THE FUNDS ,YOUR COMPANY IS PUTTING MY FUTURE ON THE LINE ,PLEASE REFUND AND CANCEL MY INVESTMENT OR I WILL BE FORCED TO TAKE LEGAL ACTION,I WAS GIVEN FALSE INFORMATION AND I HAVE IT ALL IN BLACK AND WHITE.</p> <p> </p> <p><br />REGARDS </p> <p>D.R MMAPEYA</p>

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