The young lawyer was shot dead in broad daylight outside the offices of the Council for Conciliation, Mediation and Arbitration (CCMA) in the Johannesburg CBD
The state has provisionally dropped charges against Michael Haldane and Sona Pillay but investors could seek private prosecution
Investors who lost their life savings in the scheme fear that former Global & Local director Michael Haldane will not return to South Africa to face charges
The former co-trustee was found guilty of 206 counts of fraud in the scheme, which has cost investors at least R1.6 billion
The lawsuit is the latest example of business entities trying to bar the media from reporting
But the South African expat listed as a Swiss resident has denied any connection to the company that apparently marketed the alleged ponzi scheme
Axiam Capital Management say they feel betrayed by Craig Warriner but fear no liability in the matter
Well before Zimbabwe’s economy took a hit in the late 1990s, spurring world-record inflation, usury was a part of the daily lives of working-class households in South Africa’s…
South Africans are often swindled out of their savings by slick con artists. People need to ask questions and be wary of tempting offers
Authorities say Paul Burks was the mastermind of a $600-million scam, one of the biggest in US history, that attracted one-million investors.
Bernard Madoff, sentenced to 150 years in jail for the biggest financial scam in US history, says the judge’s sentence was too harsh.
Krion matriarch Marietjie Prinsloo was today found guilty on over 122 000 charges, including racketeering, money laundering and fraud.
Cops have conducted raids on the suspected masterminds minds behind an alleged pyramid scheme operating out of the Western Cape.
Hundreds of millions of rands have disappeared in an apparent Ponzi scheme believed to have operated in the Western Cape, Gauteng and KwaZulu-Natal.
Arrest warrants for the masterminds of a Ponzi scheme that led to wealthy South Africans being swindled have been issued, it was announced on Tuesday.
How the respected Wall Street financier who seemed to have the Midas touch became a "nobody" languishing behind bars.
Disgraced financier Bernard Madoff was sentenced to 150 years in prison on Monday for perpetrating Wall Street’s biggest investment fraud.
Ruth Madoff, the wife of epic swindler Bernard Madoff who reaped billions and a lavish family lifestyle, will be left with ,5-million.
Thousands of people who lost their life savings in a multibillion-dollar scam will discover on Monday the fate of Wall Street swindler Bernard Madoff.
In monster fraud scandals, such as the one allegedly involving Barry Tannenbaum, fingers normally point in one direction, that of the suspect.
