FSCA warning · 13 Oct 2026
Is Sappi Online Investment legit? FSCA warning
The FSCA publicly warned on 13 Oct 2026 that Sappi Online Investment is not authorised to offer financial services in South Africa. Do not send it money.
Used FSP number 45741, which belongs to Sanlam Life Insurance, to look authorised, and promised unrealistic payouts.
- Regulator
- Financial Sector Conduct Authority (FSCA)
- Country
- 🇿🇦 South Africa
- Warning issued
- Added to Scam Watch
- Type
- Uses a fake or borrowed licence
- Also known as
- Sappi Online
- Where it operates
- Telegram
- Pretends to be
- Sanlam Life Insurance Ltd (the real firm is not the scammer)
List last checked against the FSCA: 24 Oct 2026.
Questions about Sappi Online Investment
Is Sappi Online Investment legit?
The FSCA publicly warned on 13 Oct 2026 that Sappi Online Investment 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 13 Oct 2026.
Lost money to Sappi Online Investment? Our complaint desk writes the report and gives you the official FSCA contact →
Check a real broker's licence with our forex broker check →
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 If you represent this company and believe the entry is out of date, contact us with the regulator's update.