The state has provisionally dropped charges against Michael Haldane and Sona Pillay but investors could seek private prosecution
Victims of scams and pyramid schemes have little chance of recouping their financial losses
The former co-trustee was found guilty of 206 counts of fraud in the scheme, which has cost investors at least R1.6 billion
The court said the application plainly raised constitutional issues of reporting in the public interest
The lawsuit is the latest example of business entities trying to bar the media from reporting
But the South African expat listed as a Swiss resident has denied any connection to the company that apparently marketed the alleged ponzi scheme