Defencex boss opens up to Moneyweb

2013-07-04 13:33

The mastermind behind the R800m Defencex scheme has told Moneyweb in an exclusive interview that he will never win his fight against the Reserve Bank.

D-Day for Defencex boss

2013-03-25 10:44

Defencex boss Chris Walker is to appear in court on Tuesday to defend his company against Ponzi scheme allegations, but not everyone believes he will show up.

Defencex boss rallies support

2013-03-10 21:29

The mastermind behind Defencex, an alleged Ponzi scheme, has tried to drum up investor support at a brief appearance at a meeting at Wits University.

Watchdog warns on new Ponzi scheme

2013-03-06 14:58

The Financial Intermediaries Association of Southern Africa has sounded a warning on the alleged Defencex scam, which may have collected R500m from investors.


Defencex case file goes missing

2013-03-26 20:01

The file in the case of the Registrar of Banks vs Net Income Solutions CC and three others have "disappeared", it has emerged in the Western Cape High Court.

Defencex investors rubbish R1 000 claim

2013-03-13 09:38

An investor activist says Defencex participants are undergoing the first of the normal stages of loss people experience when a scheme is exposed.

How to spot a Ponzi scheme

2013-03-07 19:48

South African investors continue to fall victim to so-called Ponzi or pyramid schemes, with Net Income Solutions being the latest scheme to hit the headlines.

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