Cape Town - If investors, especially novice investors, take one lesson away from the Garek and Wealth 4 U debacles it must be: Do not buy shares in an unlisted company if you cannot access audited ...

Liquidator Johan Nel of Ronel Financial Trust confirmed a final liquidation order had been granted over W4U in late April after an application by two shareholders. In 2007 W4U – a self proclaimed ...

Instead of meeting its extravagant claims of hauling in valuable carats from the sea, it seems W4U has found itself out of its depth operationally scarcely two years after hitting South Africa’s west ...

W4U says it plans to list in London while it continues to flog its shares to the public under suspicious legal conditions. Shadowy diamond company Wealth 4 U (W4U) is dangling an enticing carrot in ...