The Hawks are investigating a case of fraud involving up to R5-million in a so-called cryptocurrency investment scheme that was run by a company called Trinity Tokens in Mossel Bay.
How can we help?
The Master of the Cape High Court has appointed four provisional liquidators to track down whatever assets they can from Mirror Trading International (MTI), the bitcoin investment scheme that stopped paying out members’ requests for withdrawals in December after its CEO, Johann Steynberg, went Awol.
Drie in hof op string klagtes na ponzi-belegginskema van meer as R11 miljoen in mekaar tuimel.
Marlene en Clive Lewarne, die beweerde meesterbreine agter ’n multi-miljoen rand ponzi-beleggsinskema, het Vrydag vlugtig saam Annelie Smit in die streekhof op Middelburg verskyn, na hul arrestasie vroeër die oggend.
A Durban Regional court has convicted notorious fraudster Sugan Deon Naicker to 35 years imprisonment. The 37-year-old Chatsworth resident pleaded guilty to seven counts of fraud amounting to over R500 000, while several cases remain open across the country.
IRS does not believe the matter stops here as there are still other cases that Naicker must account for. The difference now is that he cannot evade arrest or not present himself at court because we know where he is - in prison!
Article via Indian Spice who have been at the forefront of keeping this case in the public domain.
A well-known businessman from Mossel Bay, who has allegedly been running from the law for approximately the last 14 years, was arrested by members of the Mossel Bay police and an independent financial crimes investigation company, IRS Forensic Investigations, at his home in Muller Street last night.
Chief executive Chad Thomas says the majority of complaints are of none supply of goods that have already been paid for.
With the demand for personal protective equipment (PPE) increases, several scams have emerged.
Chief executive of IRS Forensic Investigations Chad Thomas says they have been approached by several companies asking for help to find criminals who run off with their money.
Speaking to Joanne Joseph, Thomas says with the lockdown regulations, clients could not travel to go inspect the goods.
As the country went into Covid-19 coronavirus lockdown in March and the demand for personal protective equipment (PPE) increased, several scams emerged, targeting companies and government departments in need of surgical masks, sanitisers and gloves.
Article in City Press about PPE fraud and associated investigation by IRS into criminal syndicates.
Stellenbosch police are seeking the assistance of women who have been defrauded by a man with the name of Rudi Brits.
It is alleged that Brits befriended wealthy women on a social media platform which led to romantic relationships. After moving in with the victims, he would borrow substantial amounts of money from them and disappear with the money and expensive household goods.