


| Ponzi accused pastor's lavish houses to be auctioned off |
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Davids, the director of Platinum Forex Group, faces charges of fraud, contravention of the Financial Advisory and Intermediary Services Act (FAIS), for which he was not registered or licensed to perform. Last month, the Western Cape High Court said of the over R300m that was initially invested in Davids’s company, only about R100m remains.
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