BHI Trust fallout widens as FSCA bans intermediary for 20 years
The FSCA’s latest action highlights the regulatory risks for individuals who may have been linked to the BHI Trust scheme.
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BHI Trust: R12.4 million recovered, R1.5 billion still at stake
The joint trustees have managed to recoup R12.4m, but R1.5bn remains in claims. The efforts to recover funds through settlements, asset recovery, and legal action continue.
Two more charged in connection with BHI Trust Ponzi scheme
The Hawks have indicated that further arrests are likely in the wake of the apprehension of Rubicon director Sona Pillay and Global & Local founder Michael Haldane.
