ARTICLES RELATING TO 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.

Record 360kg heroin haul

2009-09-18 07:28

British and South African authorities have made a record seizure following an operation at London's Heathrow Airport and raids in both countries, UK officials say.

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.

 

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

R600m drug bust: another arrest

2009-09-17 21:01

Police have arrested a sixth suspect in connection with an international drug syndicate after drugs worth R600m were seized in Durban, the Hawks have said.

Recycling syndicate nabbed

2009-06-19 17:00

Police have uncovered a recycling syndicate that illegally bought printing products from government staff and sold them back to the government.

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