Investors hit by R1.8bn scam

4 Aug



Date Published:  04  August 2012

Cape Town – A new R1.8 billion financial scandal, to rival the Fidentia scam of 2007 and the collapse of Masterbond in 1992, has been blown wide open following the shooting of two businessmen who died in a Foreshore office block last Thursday.

The scandal centres on the financial dealings of Herman Pretorius, who shot dead his former business partner Julius Williams, then turned the gun on himself. The details began emerging when attorney and ………….

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