Michele Tafoya wants to crackdown on fraud
Republican nominee Michele Tafoya sat down on FOX 9’s All Day to speak on what her goals would be as a U.S. Senator for Minnesota, one of them being cracking down on fraud.
RAMSEY CO., Minn. (FOX 9) – Scammers are targeting seniors in Ramsey County, and local authorities want the community to stay alert and take action.
Fraud targeting seniors on the rise in Ramsey County
What we know:
The Ramsey County Sheriff’s Office says since Aug. 1, more than $1.2 million has been stolen from just 17 confirmed cases involving seniors in the county. Victims’ ages range from 61 to 78, with individual losses from $700 to $800,000.
Crime Prevention Deputy Ouellette said, “Nobody gets your financial information unless you know exactly who they are—and you WANT to give it to them.”
Ouellette emphasized that scam artists are creative and…
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