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Themba Selahle, better known by his Instagram name of 'Grootman', has seemingly admitted to breaking the law by trading forex for clients without a licence, but claims he does so to help the poor.
SA's financial watchdog has warned the public against Selahle, saying he promises "high and unreasonable returns" to clients and ignores them when they try to withdraw their profits.
Selahle’s Instagram feed is full of images of lavish shopping sprees, expensive suits, designer shoes, dream vacations and wads of hundred-rand bills.
