Sales Rep Banned for Deceptive Loan Pitch | Johannesburg News

A former Clientèle Life Assurance sales rep was banned from the financial services industry after tricking a client into signing up for a funeral policy instead of a loan. The Financial Services Tribunal found him guilty of improper conduct, citing a damning phone recording where he obscured key terms and misled the customer about what she was actually purchasing. Despite his claims of innocence and management approval, the tribunal rejected his defense, ruling that his actions violated core integrity standards — and now he’s officially out of the game. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/87c19b9ee6a5f9d8