Would not recommend
Unpaid dividends, no financial statements, cannot get hold of directors once the monies are deposited.
31 December 2025
Unprompted review
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2.9
Average
2 reviews
No history of asking for reviews
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Bobat Wealth Solution - one of KZN's largest Ponzi Schemes
Bobat Wealth Solution - directors have involved in untrustworthy activities.
The director/s of this company have fleeced over 200 investors of over R200 million. When asked by the shareholder's representative to provide answers via email, the director gave a sarcastic response showing that he really doesn't care. Today, the CA(SA) means nothing, it seems it is just a piece of paper. We have been fighting for our monies for our rental income close to 3 years now, the directors refuse to answer calls, emails or attend meetings. It was recently found via private investigators that the directors bonded freehold properties without consulting any of the shareholders.
Also, no financial statements
For the love of God, avoid this company like the plague. Director under investigation for mismanagement and fraud. Remember no director can be appointed without his knowledge as there is paperwork to be filled in. Furthermore, no shareholder can be denied access to financial statements.
8 January 2025
Unprompted review
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