A run of Bad Luck costs furious Nedbank clients many millions

Noseweek Issue #160, 1st February 2013   By Helen Grange


A run of Bad Luck costs furious Nedbank clients many millions

Retired businessman, Tiaan Lamprecht, is heading for the battle of his life as he sues Nedbank for R6.5m in savings he lost, thanks to poor investments made, against his instructions, by Nedbank financial planner, Karl Luck.  Other Nedbank customers, similarly duped, have lost R20m. Helen Grange tells the story.

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