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Jozi hijack-syndicate busted

2014-03-14 11:01

Three men were arrested on Friday for alleged hijacking and possessing stolen property worth about R120 000 in Zola, Soweto, reports Gauteng police. What's more, police believe the men are part of a syndicate.

Pain, no gain

2011-04-14 00:00

Picvest’s announcement, last week, that it would immediately cut the cash interest payments on all its property syndicates from the previous 10% and even 12,5% to 6,5%/year is only the beginning of the pain for many a senior citizen who so eagerly invested in the scheme over recent years.

R500m drugs seized in KZN

2009-09-14 17:57

The Hawks have arrested three people linked to an international drug syndicate and seized drugs worth R500m. This follows arrests in London of others linked to the syndicate.

 

Car crime syndicate dupes Gov

2013-01-03 09:11

A crime syndicate has been busted for buying vehicles at a Limpopo provincial car auctions with fake bank deposit slips - a scam that had been going on for six months.

A scheme to save Sharemax

2011-03-24 00:00

“The Reserve Bank directive that investors’ capital must be protected certainly doesn’t mean the statutory managers may not sell assets at less than cost price or syndication value.” – Advocate Michael Blackbeard, for the Bank

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