Author: Bearded Wiseman
Date Publiched: 03 August 2012
It was estimated today that losses from a ponzi scheme involving the deceased Cape businessmen who were shot dead last week might exceed R2 billion. The Financial Services Board had visited fund manager Herman Pretorius last week Thursday, the day he died.
Eyewitness News reported today that editor of the Weekend Argus’ Personal Finance section, Bruce Cameron, said he believed a scheme in which two Cape businessmen lost their lives last week might see losses in the R2 billion region.