# Johannesburg-based investment broker Mark Kretzschmar has surrendered himself to police amid allegations of defrauding clients and acquaintances of millions of rand. Kretzschmar, who once operated PCS Holdings, has become the subject of multiple complaints and a preliminary probe by the Financial Sector Conduct Authority for unlicensed investment activity. He is expected to appear in the Alexandra Magistrate’s Court tomorrow as investigators continue to assess the full scope of the alleged financial misconduct.
Investment broker Mark Kretzschmar surrenders to police over multi-million-rand fraud case