Many young white people are encouraged by their parents to just “move on” with the business of the future, writes Adriaan Basson.
Sunny. Warm.
Local bitcoin experts have warned of the dangers around purchasing the cryptocurrency from the likes of social media websites.
An investigation into whether MMM is breaching any laws in South Africa has become a priority, the Directorate for Priority Crime Investigation (Hawks) has said.
Maya Fisher-French says MMM has delivered money to people who are early adopters, it’s been clever at its marketing skills, but it will come to an end … which will bring tears.
A new Russian law that criminalises Ponzi schemes could add to the woes of the South African MMM community, whose global founder and leader is Russian.
MMM SA members stand to lose thousands of rands after their accounts were frozen and the mavros points system reset due to a lack of money entering the alleged pyramid scheme.
The MMM SA community has applied to the Pretoria High Court to get clarity on whether its donation-based network of users is a Ponzi or pyramid scheme, it has announced.
Personal finance expert Maya Fisher-French rejects the notion that the now collapsed MMM pyramid scheme was about "community" and "Ubuntu". Watch.
If MMM is not the revolutionary platform to end financial injustice, when the mavros run out and the MMM members stop donating money, the poor will be the first to lose out.
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