Medal ceremonies at the European Athletics Championships in Birmingham were postponed after a man was arrested on suspicion of fraud.
West Midlands Police said concerns were raised after a man was found in an area of Alexander Stadium on Saturday evening without the right accreditation.
Transport at the tournament was suspended as a result of the arrest and necessary security procedures.
Members of the crowd reported being held outside by security staff for more than an hour after the event finished, with a large police presence at the scene.
The evening session concluded with Great Britain winning a pair of gold medals in the men’s and women’s 4x100m relays.
Tournament organisers said transport was suspended while the necessary security measures took place, but operations had returned to normal in the early hours of…
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THE BHI TRUST PONZI SCHEME (SOUTH AFRICA)
Date: Ongoing updates through February 2026 Perpetrator: Craig Warriner (Principal), with alleged co-conspirators
Case Description: The BHI Trust scandal remains one of South Africa’s most devastating financial crimes, involving the loss of between R1.9 billion and R3 billion. Craig Warriner, the “genius trader” behind the trust, turned himself in during late 2023, but the legal and recovery battles reached a fever pitch in 2025 and 2026. Warriner operated the trust as a textbook Ponzi scheme, utilizing “Old Boy” networks and high-profile brokers to lure in pensioners and high-net-worth individuals with promises of 20% annual returns.
In early 2025, the National Prosecuting Authority (NPA) faced heavy criticism for “provisionally withdrawing” charges against alleged co-conspirators Michael Haldane and Sona Pillay. However, civil recovery efforts by joint trustees have continued into 2026, aiming to claw back hundreds of millions in “fictitious profits” from early investors to redistribute to those who lost everything. The case is a masterclass in the failure of fiduciary duty; the FSCA eventually banned several advisors for up to 30 years for peddling the unlicensed scheme despite clear red flags, such as the lack of a website, the absence of regulated financial reports, and a fee structure that was triple the industry average.
Link to Original: Moneyweb – BHI Trust Scandal Deep Dive