WARNING:
It has been brought to our attention that a firm, seemingly known as “Zaad Holdings Official” (“Scheme”) is allegedly unlawfully using the registered name and corporate identity of Zaad Holdings Proprietary Limited (“Zaad”) and impersonating our Chief Executive Officer as part of its alleged modus operandi to entice and induce unsuspecting investors to take up their offering, thereby allegedly falling victim to the Scheme and acting to their actual or potential detriment. The Scheme seemingly represents itself as an investment management company specialising in the digital currency sector and ostensibly trades from an online platform with domain name “zaadholdingsofficial.com”, bearing domain identity number: 2783995149_DOMAIN_COM-VRSN.
The Scheme’s conduct may constitute fraud and/or various other cybercrime related offences contemplated in the Cybercrimes Act, Act 19 of 2020. Zaad hereby categorically distances itself from any direct and/or indirect involvement and/or association with the Scheme and cautions stakeholders and potential investors to act with the necessary caution in dealing with the Scheme and matters relating thereto.