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Mirror Trading International offices raided

It has been confirmed that The Financial Sector Conduct Authority (FSCA) raided the offices of Mirror Trading International (MTI) in Stellenbosch and Polokwane on the 26th of October 2020. Further raids & seizures were performed at Cheri Ward & Clynton Hugh Marks' mansion in Durban together with the home of CEO, Johann Steynberg

Cheri Ward has made two public announcements regarding the raid, stating that the High Court order is based on lies and the raid is only due to wanting a piece of the pie and that MTI is fully compliant.1)2) Several Telegram updates have also been sent out by members stating similar.3)4)

MTI's official response is brief:

From this Telegram message, it can be seen that they are once again5)6) stating that they are using Ulrich Roux and Associates (URA) for their legal representation.

This would be a clear conflict of interest as can be seen from the statement on this website - MTI Forex Trading. To date, URA have not responded to any requests for clarification regarding these statements.

URA later retracted their support of MTI. Please see MTI News for further information.


mtiraid.txt · Last modified: 2021/01/09 01:47 by spxdxrbxtxs