Tag: Ponzi

Alleged Ponzi scheme mastermind arrested in R23m fraud case

Jaco Botha, the alleged mastermind behind a Ponzi scheme that cost investors…

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Louis Liebenberg claims there’s no evidence to support bankruptcy and Ponzi scheme claims

Liquidators have accused Liebenberg of engaging in fraudulent activities through Tariomix, including…

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Court rules that Bitcoin scam MTI is a Ponzi scheme

The Western Cape High Court has declared Mirror Trading International (MTI) a…

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KZN man handed 15-year jail term for running ponzi scheme

A 61-year-old man from KwaZulu-Natal has been sentenced to 15 years in…

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Standard Bank ordered to freeze accounts of suspected Ponzi scheme

The Pretoria High Court has ordered Standard Bank to freeze the bank…

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