KR
Karen R

1 reviews | Active since Feb 2025

06 Feb 2025, 11:36

The battle with Luno

I am extremely concerned about Luno’s credibility! They locked my account without notifying me… and I am subsequently having to fight a battle with Bots and emails to get my own hard earned money back! It is an impossible situation… you cannot actually speak to anyone. I am unable to withdraw my funds, as according to the email responses I receive, an ‘expert team’ is investigating my account! There is a word for withholding other people’s money… it is called theft and *****! It has so-far taken me over 2 weeks of emails and support requests to unblock my account in order for me to withdraw MY OWN hard earned money, with no success! It is time to make the FSCA aware of Luno’s conduct, as they issued their licence to operate as a financial services provider in SA!

The SA manager, Christo De Wit, also has to be made aware of this conduct! Hello Peter is full of identical stories.

People should be made aware of the dangers and pitfalls of investing their funds with this company!

Urgent intervention needed.

0
Replies (2)
Luno
Luno's reply06 Feb 2025, 15:48
Official
Hi Karen, we value your feedback, and we apologize for any inconvenience you've experienced.
We genuinely care about resolving your concern and have escalated this with urgency. ^EM
KR
Karen R's update06 Feb 2025, 16:04
Reviewer Update
I have heard that a few times already! All I want to hear is that my account is unblocked and that I can withdraw my funds immediately!