Riskified Ltd. (NYSE:RSKD) is one of the best growth stocks under $10 to invest in. On April 7, Riskified and Outpayce from Amadeus launched a partnership to integrate AI-powered fraud prevention and chargeback protection into Outpayce’s travel payment platform. As a global travel payments orchestrator, Outpayce enables airlines to streamline complex transactions, and this collaboration marks the first time a chargeback guarantee solution has been integrated into its ecosystem.
The partnership provides carriers with revenue predictability through guaranteed approval rates while reducing the high operational costs associated with travel fraud. The collaboration specifically addresses the perfect storm of risks in the airline industry, such as high ticket values and frequent card-not-present transactions, which have recently seen a 14% increase in risk. Riskified’s tech replaces…
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