Fraud Alert
Post Your Fraud Alert Here
U.S. Attorney's Office, Southern District of New York To Date, Madoff Victims Have Recovered Approximately 91% of Fraud Losses Damian Williams, the United States Attorney for the Southern District of New York, and Nicole M. Argentieri, the Acting Assistant Attorney General of the Justice Department’s Criminal Division, announced today that the Madoff Victim Fund (“MVF”) [...]
On Friday 02 March 2018, an alleged fraudster – Jaco Leon Jordaan – was refused bail by the Secunda Magistrate’s Court during a formal bail application. Jordaan was in an actual fact appearing for fraud charges involving an amount estimated over R100 million. According to the affidavits submitted by more than 100 victims, the alleged …
The Johannesburg Specialized Commercial Crimes Court had on Monday, 19 June 2017 denied Ntokozo Myles Ndlovu bail on his R5 million fraud investment scam allegations. Ndlovu (34) was running an investment scheme between 2010 and 2017 through the DMD Capital PTY LTD and Profit Trading; the licenses thereof were since revoked and withdrawn by the …
Jaco Van der Westhuizen, 35, has appeared in the Cape Town Magistrate’s Court on Tuesday 14 March 2017, over allegations of running a Ponzi scheme, which resulted in ‘investors’ losing just over a million rand. It is alleged that between 2015-08-25 and 2016-07-11; Van der Westhuizen lured unsuspecting members of the public to invest their …