Behind facade, con man lived the high life

5 Aug

Author: Jacques Dommisse

Publications:  City Press

Date Publiched: 05 August 2012

WITH a Bible in one hand, an ex-cop smiled and swindled thousands of investors out of hundreds of millions of rands while living the life of the super-rich for more than a decade.

The story of Herman Pretorius (55), is that of a man who professed to have been a pillar of strength in his community and church, while siphoning off a fortune from investors through a network of companies, close corporations, trusts and schemes, which he mismanaged.

Pretorius, the brain behind the Abante group and now infamous Relative Value Arbitrage Fund

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