South Africans are often swindled out of their savings by slick con artists. People need to ask questions and be wary of tempting offers
A convicted fraudster is separating gullible South Africans from their money in a scheme with its very own seductive liberation ideology.
South African authorities busted a pyramid investment scheme on Tuesday involving a company offering HIV/Aids treatments.
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/ 21 December 2008
When Bernard Madoff allegedly admitted that his investment company was a "big lie", few realised just how big.
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/ 19 December 2008
President-elect Barack Obama has blamed a lack of "adult supervision" for scandals such as Bernard Madoff’s alleged $50-billion fraud.
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/ 16 December 2008
US authorities said on Monday they were liquidating Bernard Madoff Investment Securities LLC of New York, following Madoff’s arrest for alleged fraud.
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/ 15 December 2008
Top world financial groups on Monday revealed massive potential losses from an alleged scam run by Wall Street trader Bernard Madoff.