Tag Archives: Etienne Naude

Weduwee juwele kwyt

10 Oct

Author: Marelize Barnard

Publications: Die Burger

Date Published : 10 Oktober 2014

Die weduwee van Herman Pretorius wat luukses van miljoene rande aangeskaf het met niksvermoedende beleggers se geld, het haar “verlore” diamantring van R400 000 aan die likwidateurs van haar boedel oorhandig.

Susan-Ann Pretorius het tydens haar sekwestrasie-ondervraging op 15 Augustus in die Bellville-landdroshof eers volgehou dat die ring weg is.

Nadat sy in kennis gestel is dat die tronk haar voorland kan wees as sy uitgevang word dat sy meineed pleeg, het Susan-Ann erken dat sy die ring met ’n diamant van 3,2 karaat het.

Dit was nadat sy aangevoer het dat die ring weggeraak het in Hermanus, waar die gesin ’n vakansiehuis gehad het.

Sy is tydens die sekwestrasie-ondervraging gevra om die ring en ander duur juwele aan die likwidateurs te oorhandig, wat sy sedertdien gedoen het.

Die juwele sluit twee horlosies in – ’n “goedkoper” Rolex van R36 400, asook ’n diamant-versierde Cartier-horlosie van R170 000 wat Preto­rius vir haar gekoop het.

Susan-Ann het eers ontken dat sy enigiets van dié horlosies weet.

Verder het sy ’n Tag Heuer-horlosie en twee deftige handsakke, ’n Tod’s en ’n Louis Vuitton, aan die likwidateurs oorhandig.

Susan-Ann en haar regsverteenwoordiger, Etienne Naude, is in Augustus deur adv. Almero de Villiers (vir die kurators) gevra oor sekere doku-mente, soos byvoorbeeld bankstate, wat hulle toe reeds ingevolge ’n dagvaarding moes oorhandig het.

Nóg Naude, nóg Susan-Ann het die dokumente oorhandig, en is beveel om dit teen vandag te doen wanneer die volgende ondervraging plaasvind.

De Villiers is bygestaan deur Pierre du Toit van Mostert en Bosman.

Ponzi king’s estate bringing in millions – but not enough

22 Jul

Sunday Times
20 July 2014
Nashira Davids

http://www.timeslive.co.za/sundaytimes/

About R20-million could be added next month to the kitty being accumulated to compensate 3000 investors who lost a total of R2.2-billion in Herman Pretorius’s Ponzi scheme.
The Cape Town mansion he shared with his wife, Susan, will be auctioned on August 15. With decor reportedly worth R13-million, it is expected to sell about the same as his Hermanus beach villa, which brought in R17.8-million last year.
zpretorius, from the tiny Western Cape village of Piketberg, rose to become a high-flying businessman with a fleet of luxury cars, at least two mansions and millions in his bank account.
But the good life came to a sudden end when he shot dead his business partner, Julian Williams, reportedly after an argument over money, and then turned the gun on himself.
Since then, the full extent of his scam has come to light and the trustees of the fund he ran have been trying to find his assets.
It is not an easy job, because books and other records were not properly kept and no financial statements were compiled, making it difficult to reconstruct business transactions.
What the trustees did uncover was a life of opulence paid for with money invested in his Relative Value Arbitrage Fund Trust.
Much like her husband’s investors, Susan “lost everything”, her lawyer, Etienne Naude, said.
Susan, who is the registered owner of the Welgemoed house, was sequestrated in October last year.
Naude said his client “is saddened about having to lose that house as well”.
According to the auctioneers ClareMart, the cost of the land and the construction of the home totalled about R20-million.
“There have been countless queries from potential buyers,” said a spokesman for the group.
The house has a marble entrance hall, marble counter tops and wraparound marble patio.
It has its own theatre, gymnasium and sauna, and boasts an excellent view and landscaped gardens.
Pretorius’s estate was sequestrated in the High Court in Cape Town last year.
Judge Owen Rodgers found that Pretorius had “attractedlarge sums from gullible members of the public (many of them from country towns in the Western Cape) by promising above average returns of 14% to 25% per annum – the time-honoured method originally made famous in the 1920s by Mr Charles Ponzi”.
Rodgers noted that Pretorius had no income apart from that derived from his investment scheme and that his wife had not worked since 1991.
But they had 10 properties, reportedly worth R116.9-million, and six cars, including an Aston Martin DBS and a Range Rover.
Rodgers remarked that Pretorius’s wife had said that she and her adult sons “know very little about the investment business and cannot be held accountable if it should transpire that Mr Pretorius acted unlawfully”. Other properties sold include: A luxury three-bedroom apartment in Claremont that fetched R3.3-million; A luxury beach villa in Hermanus – featuried on the cover of House and Leisure magazine in 2012 – scooped up for R17.85-million; Vacant land in Hermanus, auctioned for R 863 840; and “A-Grade” office space at the TygerWaterfront with 51 parking bays, sold for R14.9-million.
They also owned a property in Oranjezicht, vacant land in Wesfleur and a holiday home in Malgas were also on the list of sales.
Piet Serdyn, 73, of Moorreesburg, said he lost all his retirement savings when he invested with Pretorius shortly before his suicide.
He has little hope of getting any of his money back.
All we, as investors, can do is sit and wait. There is nothing we can do about it.

Polis mag nie skuld delg van weduwee

23 Oct

Author: Marelize Barnard

Publications:  Die Burger

Date Publiched: 23 Oktober 2013

Welgemoed

Welgemoed

KAAPSTAD. – ’n Lewenspolis van R8 miljoen wat aan ’n familietrust van wyle Herman Pretorius uitbetaal is, kan nié deur kurators gebruik word om sy weduwee, Susan-Ann, se skuld te delg nie.

Dié geld is uitbetaal aan ’n familietrust van die Pretorius-familie, bekend as die Penta Trust, en kan nie bygereken word as ’n bate by Susan-Ann Pretorius se gesekwestreerde boedel nie.

Die kurators van Herman Pretorius se Relative Value Arbitrage Fund (RVAF) Trust en die Seca Trust se aansoek in die Wes-Kaapse hooggeregshof om Susan-Ann Pretorius te sekwestreer, het wel geslaag, maar hulle kan nie aan die R8 miljoen raak nie.

Waarnemende regter Wilhelm van Staden, wat Maandag ’n aansoek om die finale sekwestrasie van Susan-Ann Pretorius in die Wes-Kaapse hooggeregshof toegestaan het, het gister die redes vir sy bevel gegee en gesê haar skuld beloop meer as R17 miljoen.

Die waarde van haar huis in Van de Graaffstraat, Welgemoed, die enigste merkbare bate in haar boedel, is op R6,75 miljoen geskat.

Van Staden het in sy bevel uitgewys dat Susan-Ann Pretorius nie die begunstigde van die lewenspolis is nie.

Haar regsverteenwoordiger, Etienne Naude, het dit in ’n beëdigde verklaring bevestig.

Pierre du Toit van Mostert en Bosman, regsverteenwoordiger van die kurators, het gesê selfs al doen Susan-Ann Pretorius nou aansoek om teen die sekwestrasiebevel te appelleer, word ’n kurator steeds aangestel om haar boedel te ondersoek.

 

Lees Artikel in Die Burger

Pretorius-motor verkoop

19 Jan

Author: Marelize Barnard

Publications:  Die Burger

Date Publiched: 19 January 2013

KAAPSTAD. – Wyle Herman Pretorius se windmaker Aston Martin-sportmotor is vir R1,7miljoen verkoop. Maar nou is die vraag of Pretorius se weduwee, Susan Ann, dié geld kan kry.

Sy het in Desember in ’n beëdigde verklaring genoem “die Aston Martin” is verkoop en dat die bedrag van R1,7miljoen mettertyd in die trustrekening van haar prokureur, Etienne Naude, inbetaal sal word.

Intussen is daar steeds ’n dispuut tussen haar en die eksekuteurs van Pretorius se Relative Value Arbitrage Fund-trust (RVAF) oor Pretorius se boedel. Pretorius se weduwee is die eksekuteur van sy boedel en staan ’n aansoek in die Wes-Kaapse hooggeregshof teen dat die boedel gesekwestreer word.

Die Aston Martin is per ooreenkoms tussen die kurators van die RVAF-trust en Susan Ann verkoop en die geld is in ’n trustrekening geplaas totdat die dispuut oor die eienaarskap van die R1,7miljoen opgelos is.

Die kurators wou by navraag nie kommentaar lewer oor enige dispuut met haar nie. Die aansoek vir die sekwestrasie van Pretorius se boedel word weer op 14 Februarie in die hooggeregshof aangehoor.

Susan Ann het verder in haar beëdigde verklaring bevestig dat sy kort ná Pretorius se dood £80000 (R1,1miljoen) uit sy persoonlike rekening by HSBC in Londen onttrek het.

Pretorius is op 26 Julie verlede jaar dood en die geld is van 1 Augustus af dag na dag uit die rekening onttrek.

Bedrae van £10000 (R141000) per dag is tussen 1 tot 8 Augustus …..

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