* Financial adviser Thomas Stringfellow has appeared in the Specialised Commercial Crime Court in Johannesburg where he was formally charged with fraud. His lawyer, Johan Eksteen, of BDK Attorneys, confirmed that a formal bail application was brought and Stringfellow was granted bail of R20 000. Stringfellow faces accusations that he misappropriated large sums of money from clients who placed their money in unregulated investments that he was offering. They were guaranteed returns of 14%. Eksteen said that the matter has been postponed to 3 September for the state to conduct further investigation. The Financial Sector Conduct Authority has noted that more than R100m may be at risk.