FSCA warning · Aug 2026
Is Bearer Shares legit? FSCA warning
The FSCA publicly warned in Aug 2026 that Bearer Shares is not authorised to offer financial services in South Africa. Do not send it money.
Solicited funds for crypto and trading without authorisation. The FSCA could not reach it.
- Regulator
- Financial Sector Conduct Authority (FSCA)
- Country
- 🇿🇦 South Africa
- Warning issued
- Added to Scam Watch
- Type
- Not authorised
List last checked against the FSCA: 24 Oct 2026.
Questions about Bearer Shares
Is Bearer Shares legit?
The FSCA publicly warned in Aug 2026 that Bearer Shares is not authorised to offer financial services in South Africa. Do not send it money.
I already sent money. What should I do?
Stop paying, keep every message and receipt, tell your bank or mobile money provider at once, and report it to the FSCA and the police. Ignore anyone who offers to recover the money for a fee.
Where is the original warning?
On the Financial Sector Conduct Authority (FSCA) website. We link to a report of the warning dated Aug 2026.
Lost money to Bearer Shares? Our complaint desk writes the report and gives you the official FSCA contact →
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Other FSCA warnings
All Scam Watch warnings →This page reports a public warning by the FSCA. It is not a finding by Africa.Forex. If you represent this company and believe the entry is out of date, contact us with the regulator's update.