Alleged Ponzi scheme exonerated

2016-02-05 07:55

Alleged pyramid scheme DiPESA has been exonerated by the National Consumer Commission after an investigation showed that the business is “legitimate”.

Ponzi scheme alert as 9 businesses under scrutiny

2015-09-17 06:45

The National Consumer Commission is conducting an investigation into nine suspected pyramid schemes to establish if they are contravening the Consumer Protection Act.

SuraPure: Pyramid scheme or not?

2014-04-04 05:30

SuraPure investors who have been left out of pocket after FNB froze the firm's bank account will know by next week if the business will be permitted to continue operations.

The local and lekker way of saving money

2014-01-24 10:17

Starting a stokvel might be an informal way of saving money, but it can give you great rewards.

The local and lekker way of saving money

2013-12-03 16:09

Starting a stokvel might be an informal way of saving money, but it can give you great rewards.

Investors urged to ask questions

2013-10-22 06:54

A Fin24 user is accusing the Financial Services Board of jealousy and unfairness towards Ledimar.

Court to hear new witness in Fidentia case

2013-02-06 18:19

A new State witness is set to take the stand in the trial of former Fidentia boss J Arthur Brown, who was arrested in 2007 over a major financial scandal.

Witness glitch in Fidentia trial

2013-01-30 12:40

Graham Maddock, the accountant in the Fidentia embezzlement trial, could not continue his testimony regarding bank statements over a health issue.

Treoc firm ‘a pyramid scheme’

2011-10-30 12:21

A company linked to the Treoc group, one of SA’s largest property schemes with nearly R5bn in investments, has been found to be a pyramid scheme, an official inquiry shows.


Beware of get-rich-quick-schemes

2015-09-22 09:26

Investment schemes being investigated by the National Consumer Commission for possible fraud are pulling out all the stops to recruit more believers to their ranks.

Investors take Treoc 'Ponzi scheme' to court

2015-01-09 09:24

As controversial property investment group Treoc aims to garner new recruits, it faces a R5.2m legal suit by angry investors who claim they have been shortchanged.

Herbalife may be a pyramid scheme

2014-01-24 15:13

A US senator is asking for more information about the business practices of Herbalife, following on claims that the nutrition company is running a pyramid scheme.

The local and lekker way of saving money

2013-12-05 09:33

Starting a stokvel might be an informal way of saving money, but it can give you great rewards.

Ledimar is not a Ponzi scheme - user

2013-10-22 13:46

The Financial Services Board is threatening the livelihood of the poor by branding Ledimar as a Ponzi Scheme, writes a user.

Trio in court over alleged pyramid scheme

2013-09-19 19:35

Three men who obtained nearly R1m from an alleged pyramid investment scheme want the NPA to withdraw the charges against them.

Witness: Brown paid back our capital

2013-02-04 19:44

A company which invested capital with former Fidentia boss J Arthur Brown eventually got its money back, the Western Cape High Court heard.

Fidentia man 'created confusion'

2012-12-10 20:48

Confusion was deliberately created by alleged embezzler J Arthur Brown to solicit investments in his pyramid schemes, the Western Cape High Court has heard.

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