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Alleged Ponzi scam kingpin probably on way to Australia - Alec Hogg

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Cape Town money manager and alleged Ponzi kingpin Cobus Kellerman – from his Facebook page
Cape Town money manager and alleged Ponzi kingpin Cobus Kellerman – from his Facebook page

Cape Town – Alleged Belvedere Ponzi scam kingpin Cobus Kellermann will probably be living the life of a billionaire in Australia sooner than you can spell P-O-N-Z-I.

That’s according to BizNews publisher Alec Hogg, who broke the story about the scam. He told Fin24 in a video interview that it is common practice for wealthy South Africans hiding from the law to scuttle off to the land Down Under.

He said Kellerman likely made a quick escape to Mauritius to join his wingman David Cosgrove, and said they will both probably flee to Australia soon.

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