A historical home in Tennessee’s Williamson County is at risk of demolition after alleged misuse of HOA funds by a property management company that is now under investigation.
The home was built in 1899 by the great-grandfather of Brentwood, TN, resident Jenny Calvin. She spent her childhood celebrating milestones and holidays within the home, she told Nashville’s CBS affiliate WTVF.
After Calvin’s grandfather died and the family could no longer afford to maintain the property, the home was entrusted to the Williams Grove subdivision, which was built up around it.
What was supposed to be a grand clubhouse for the neighborhood, and a reminder of Tennessee’s rich history, is now an eyesore—as the money intended for its maintenance is missing. Gasser Property Management, the company hired by the Williams Grove HOA, is under investigation for alleged misuse of the funds by the Tennessee…
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