How low can Standard go?


How low can Standard go?

A financial advisor managed to reduce a client's capital from R500 000 to R55 000 while profiting to the tune of R262 375.

The last years of Margaret Valkhoff's life were sad and lonely. After her husband's death in 1994. Gideon “Deon” Rossouw, an advisor with Standard Bank's Investment Division contacted Margaret in 1995 shortly after her inheritance from her late husband's estate had been deposited into her Standard Bank account.

Like a knight in shining armour Deon galloped to her side to advise Margaret how best to invest...

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