Allegations and contradictions muddle multi-billion MTI saga

[Jamie McKane]

Allegations and contradictions muddle multi-billion MTI saga

Two leaders of Mirror Trading International (MTI), Clynton and Cheri Marks, have denied allegations that the company's leadership conspired to locate and kidnap its missing CEO, Johann Steynberg.

Mirror Trading International was a scheme that claimed to offer automated trading services — initially in forex, and later in cryptocurrency derivatives.

 

[gottagoon]

Steynberg I'm sure is alive and flourishing in Panama. And the Marks duo are well aware of it. Part of the exit plan....

 

[RedViking]

Brilliant. Was waiting for this one. Cheers @Jan

 

[r00igev@@r]

That is the sound of the paw paw hitting the fan. Excellento!

 

[martin]

What a great read, well done @Jan

Investigative journalism suits you. I hope that a Carte Blanche side-hustle is in your future

 

[Thugscub]

Yep it's hit the fan and it's gonna splatter everywhere

 

[rvZA]

Straight out of a movie.....

 

[livw88]

Can someone please get Netflix involved? This is a 6 part crime documentary series waiting to be made... #proudlysouthafrican

 

[PsyWulf]

Derp

 

[Willie Trombone]

Great and comprehensive article. Kudos MyBB!
So this video... was it "Leaked" or was it leaked?
I missed the bit about Mrs Steynberg handing over the silver... what was her motivation supposed to be?

 

[PsyWulf]

I missed the bit about Mrs Steynberg handing over the silver... what was her motivation supposed to be?

Mr Muscles Charlie "make her talk" *flexes*

 

[Rocket-Boy]

This is going to be like the Surtie thread, the gift that keeps on giving.

 

[PsyWulf]

This is going to be like the Surtie thread, the gift that keeps on giving.

Except MTI existed

 

[LinuxMan]

Excellent article @Jan

 

[now05ster]

"Smoke and Mirror Trading International"

 

[|tera|]

I'm guessing looking at the Bull logo should have given people a heads up.
Bull = Bull

 

[Gordon_R]

I never followed this story at all. Surprised but not shocked. Amazing how far down the rabbit-hole some people will go.

Warren Buffet comes to mind: If you don't understand it, it's probably best not to get involved...

Edit: For the younger generation: Similar things have happened in the past. Different technology, same human fallibility:

The Masterbond saga: 1983-2005

The evidence was that a portion of the sea was sold to investors and in Kaliva's (a unit at Club Mykonos at Langebaan on the West Coast), owners purchased shares that did not exist on non-existent land and in fictitious shareblock schemes.

www.iol.co.za

 

[Willie Trombone]

I never followed this story at all. Surprised but not shocked. Amazing how far down the rabbit-hole some people will go.

Warren Buffet comes to mind: If you don't understand it, it's probably best not to get involved...

Exactly why he won't touch BTC or cryotocurrencies.

 

[PsyWulf]

I never followed this story at all. Surprised but not shocked. Amazing how far down the rabbit-hole some people will go.

Warren Buffet comes to mind: If you don't understand it, it's probably best not to get involved...

He's not wrong

The best weapon against a Conman is expert knowledge on the subject matter

 

[j4ck455]

Steynberg I'm sure is alive and flourishing in Panama. And the Marks duo are well aware of it. Part of the exit plan....

Probably, although I have to wonder if he might actually be closer to the Marks' home, maybe 6 feet under whilst they're coining his "disappearance", maybe the Hawks need to go looking for fresh soil in SA before they fly to Panama looking for someone that resembles Steynberg but actually is not him.