ponzi schemelatest news & developments
Attorney Chinette Gallichan was shot in broad daylight outside the offices of the Council for Conciliation, Mediation and Arbitration (CCMA) in the Johannesburg CBD

Anger over lawyer’s murder

The young lawyer was shot dead in broad daylight outside the offices of the Council for Conciliation, Mediation and Arbitration (CCMA) in the Johannesburg CBD

The state has provisionally dropped charges against Michael Haldane and Sona Pillay but investors could seek private prosecution. (File photo)

BHI Trust Ponzi fraud accused walk free — for now

The state has provisionally dropped charges against Michael Haldane and Sona Pillay but investors could seek private prosecution

The state has provisionally dropped charges against Michael Haldane and Sona Pillay but investors could seek private prosecution. (File photo)

BHI Trust victims livid as alleged Ponzi fraudster cleared to travel

Investors who lost their life savings in the scheme fear that former Global & Local director Michael Haldane will not return to South Africa to face charges

Craig Warriner. Photo supplied

BHI Trust: Convicted fraudster Craig Warriner sentenced to 25 years

The former co-trustee was found guilty of 206 counts of fraud in the scheme, which has cost investors at least R1.6 billion

The Gauteng high court is setting down civil trials as far ahead as 2031. Photo: Sharon Seretlo/Gallo Images

Mail & Guardian defends application for a gag order

The lawsuit is the latest example of business entities trying to bar the media from reporting

Craig Warriner. Graphic representation by John McCann/M&G

BHI Trust’s associates’ global links exposed

But the South African expat listed as a Swiss resident has denied any connection to the company that apparently marketed the alleged ponzi scheme

The Special Investigating Unit traced financial gains of more than R181 million linked to beneficiaries of fraudulent visa applications that were supported by fake documentation

Fund manager and brokers distance themselves from BHI Trust

Axiam Capital Management say they feel betrayed by Craig Warriner but fear no liability in the matter