As elections workers continue to verify and count mail-in ballots still coming in, they’re getting criticized over California’s counting process.
As elections workers continue to verify and count mail-in ballots still coming in, they’re getting pummeled with criticism over California’s counting process. But why does the counting process take so long?
“The main culprit here is that California is an all-mail state, meaning that it mails a ballot to every single registered voter,” said Stephen Richer, former Registrar of Voters for Maricopa County in Arizona.
The most populous state in the country is home to 23 million registered voters, which requires ample time for all ballots to be accurately counted. But in addition to the sheer volume of votes, the state also relies on a significant number of mail-in ballots, with some not arriving until a week after voting ends.
Richer says that in…
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