Realcor hotel's R50m tag dashes dreams

2013-05-23 20:10

The Blaauwberg hotel at the centre of an apparent pyramid scheme has been sold for R50m, destroying the hopes of investors who invested R616m in the project.

Millions lost in Cape Town hotel scheme

2011-11-01 09:44

Thousands of people who invested over R650m in a hotel in Bloubergstrand have probably lost every cent, following the liquidation of three companies involved in the project.


Too little, too late to stop Ponzi plots

2013-03-13 11:41

Any positive steps taken to protect the investing public have to be done with some form of authority and meaningful implementation, says an investor activist.

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