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AG
AV G

1 reviews | Active since Jul 2012

12 Jun 2025, 16:23

Stay away from Livestock Wealth!

Livestock Wealth is under investigation by the Financial Sector Conduct Authority, just Google it. They advertise high returns and claim that the business is doing great things, all the while they don't repay investors... where does the money go Mr. Shezi? Oh, they are all too happy to take your money, but good luck trying to get it back. Don't fall for their promises.

I invested in several connected gardens with Livestock Wealth. From the start, it was a nightmare to get my quarterly dividends paid out. All I received was excuses, platitudes and empty promises that "they'll make it up to you", but that is all BS. If they want to make it up to me, they'll repay me what they owe me plus interest!

Now I have not received a cent from them in 18 months! That's a year and a half of dividends that they haven't paid out. I WANT NOTHING TO DO WITH LIVESTOCK WEALTH and when I demanded that Mr. Shezi pay me out for the remainder of my investment, he of course didn't respond and had the audacity to freeze my Livestock account. I am disgusted with how he dares to treat an investor.

With all the negative reviews and complaints on the internet from people who haven't received their dividends, both in SA and abroad, Livestock Wealth cannot maintain their facade anymore. The truth is out. It appears that they treat all their investors the same way, first they take their funds and then make all kinds of promises that they'll pay dividends "soon", but they never do and then they stop responding. Disgrace.

I am now taking legal action and I am opening a case with the police against the company, and personally against Nthuthuko Shezi!!!

LIVESTOCK WEALTH, YOU OWE ME, NOW PAY!!!

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Replies (2)
Livestock Wealth
Livestock Wealth's reply01 Apr 2026, 09:34
Official
Thank you for your feedback, and we are very sorry for the experience. We want to clarify that this matter has since been resolved, and all outstanding issues relating to this account were addressed directly with the investor. 

We also confirm that the FSCA review process referenced above has been concluded. Throughout this period, Livestock Wealth engaged with the relevant authorities and stakeholders in line with regulatory requirements. 
AG
AV G's update01 Apr 2026, 10:48
Reviewer Update
The response from Livestock Wealth is false. This matter has not been resolved and I have engaged with a lawyer to try to get a resolution. Livestock Wealth guaranteed, I repeat, GUARANTEED, 12% return on the connected garden directly on their website when I invested in 2021. They are refusing to honour this and sent out a letter to investors in January stating that they will not be paying out anymore and are terminating all connected garden investments. They still owe me thousands of Rands. The fraction of returns that they have attributed to my connected garden investment is also not available for me to withdraw and they say it will be paid out in installments. If the investment generated that amount of returns and the funds were rightfully allocated to my account, why does it take months to pay out? Why are they stalling? What kind of business does this sound like to you? Honestly, biggest regret investing with this company! I have lodged a complaint with the NCC and I will lodge another complaint with the FSCA. They must be held accountable.