15 years on, TVI scheme still casts a long legal shadow
A couple’s joint estate has been finally sequestrated after the High Court rejected several challenges to the Prudential Authority’s case.
#pyramidscheme
Total of R5.3m frozen as court issues second order in ‘pyramid scheme’ case
The National Consumer Commission claims the scheme misled participants with false promises of grocery rewards and high returns.
Court freezes R1.5m linked to alleged pyramid scheme targeting vulnerable consumers
Promising groceries in exchange for a once-off payment, WAPH is under fire for violating the Consumer Protection Act with deceptive promises and recruitment incentives.
Estate provisionally sequestrated 13 years after pyramid scheme exposed
The High Court places the estate of Adelaide Musa Duma under provisional sequestration for her role in TVI, once SA’s biggest pyramid scheme.
FSCA warns the public of potential pyramid scheme
The Authority also alerts the public to an unauthorised entity that is promising unrealistic returns from forex trading.
