Liquidators of South Africa's biggest pyramid scheme in history strike deal with US over R33-billion claim
The U.S. Commodity Futures Trading Commission (CFTC) has reached an agreement with the South African liquidators of Mirror Trading International not to pursue a $1,733,838,372 (R33...
Mirror Trading International declared a pyramid scheme
Acting high court judge Alma de Wet has finally declared Mirror Trading International (MTI) an unlawful scheme.
“MTI’s business clearly amounted to an unlawful ponzi-scheme, i.e. a fraudulent investing scam promising high rates of return...
Secret Mirror Trading International creditors' meeting called
Mirror Trading International’s liquidators have quietly scheduled a meeting of creditors for 09:00 on Friday, 1 April 2022.
No notice of the meeting was posted to the liquidators’ website or to a public Telegram channel where...
Mirror Trading International victims get offered payout
Mirror Trading International’s liquidators have offered to demonstrate good faith to victims of the alleged pyramid scheme by paying a portion of their claims.
In exchange, those who want to take the deal must withdraw their opposition to...
chavonnes cooper
christopher roos
clyntonmarks
deidre basson
herman bester
jacolien barnard
johann steynberg
mirror trading international (mti)
riaan van rooyen
First South African arrest in Mirror Trading International case
An alleged net beneficiary of Mirror Trading International has been arrested after failing to appear before a Section 417/418 enquiry called by the scheme’s liquidators.
Multiple sources have informed MyBroadband that Phillip...
cheri marksclyntonmarks
financial sector conduct authority (fsca)
gerald lassen
ignatius bell
johann steynberg
marinus bell
mirror trading international (mti)
nico boshoff
nico van der merwe
phillip botha
usher bell
Shocking twist in multi-billion Mirror Trading International case
Startling allegations against the liquidators of Mirror Trading International (MTI) and the Financial Sector Conduct Authority have come to light in court papers filed to oppose the declaration of the scheme as an illegal...