Cape Town Man Named As Global Mastermind Of R200 Billion Ponzi Scheme
The ocean, the mountain and one of the world’s biggest Ponzi scheme operators – just three of the things Cape Town is known for. Introducing the frontrunner for this week’s ‘Wanker of the Week’ award.
Hedge Fund Defends Businessman Linked To Huge Ponzi Scheme
It still remains unclear as to why Herman Pretorius would have wanted to shoot and kill his former business partner Julian Williams recently. But the company Williams worked for at the time of his death, Basileus Capital, has defended any involvement with an alleged ponzi scheme.
Controversial Cape Businessmen Shot Dead Last Week Linked To Huge Ponzi Scheme
It was estimated today that losses from a ponzi scheme involving the deceased Cape businessmen who were shot dead last week might exceed R2 billion. The Financial Services Board had visited fund manager Herman Pretorius last week Thursday, the day he died.