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PetroSA warns of $100k investment scam

Oct 29 2015 20:30

Cape Town – National oil and gas company PetroSA on Wednesday warned the public of fraudsters offering $100 000 investment opportunities in the company.

PetroSA spokesperson Thabo Mabaso told Fin24 that the company received enquiries from "a number of people" about the legitimacy of the emailed offers.

"In terms of the offer people who invested a minimum of $100 000 in the venture could receive returns of up to $500 000 in a few months," he explained.

Mabaso could not speculate about who was behind the emails.

The company urged all potential customers or investors to be suspicious when approached about opportunities involving PetroSA.

"We urge individuals and companies to be cautious and rather to approach the official PetroSA channels for confirmation of any such opportunities," it said in a statement.

petrosa  |  companies  |  industrial
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