Old Mutual
Defrauded out of inheritance

I was defrauded out of R200000 by an old mutual broker (dolly naidoo) who had advised an told me to invest with old mutual at old mutual office in cascades PMB. I inherited money from my late mothers pension fund, being young I was advised to invest my money. I was advised by dolly naidoo too invest with old mutual an initial sum of R120000 with old mutual policies, into the account which was said by her to b that of the old mutual policy, Which was meant to mature in 3 years. After speaking to dolly many times since, I was persuaded into investing a further R80000 which was meant to mature after 2years according to her, I signed documents at old mutual office in cascades for both plans. Its been 3years since all of this an I've learned that the policies I signed were never in place an my money had gone to dollys own personal use an I also learned that the only policy I had with old mutual was 1 that was signed on my behalf, meant To debit my acount for R1000 a month for 20years which amounted to a return of R270000 the same amount dolly said I would receive from my investments. Old mutual are responsible for their employees actions. I want my money! I'm tired of waiting!

Company: Old Mutual
Country: South Africa
City: Cascades / pmb

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