Fake News Statement

Fake News Statement

The Allan Gray Orbis Foundation has noted with great concern an article headlined: Allan Gray lends a hand to South African families with revolutionary Bitcoin Home Based Opportunity, published on a replicated version of online news platform Fin24 recently.

The article alleges that the founder of Allan Gray Investment, Mr Allan Gray “launched a revolutionary new business opportunity via his non-profit Allan Gray Orbis Foundation”. The article claims that Mr Gray invested R12 million into developing software that will enable South Africans to trade in cryptocurrencies.

The Allan Gray Orbis Foundation would like to categorically state that the information presented in this article is false and can confirm that the Fin24 site – a business and finance platform that falls under the Media24 Group has been falsely recreated.

We condemn the spreading of fabricated news in the strongest terms and commit to continue protecting the integrity of our brand locally and internationally against these digital offenders.