Claims against Mirror Trading International grow to R1.6 billion

[Daniel Puchert]

R1.6 billion claimed against South Africa's biggest ever pyramid scheme

Claims against failed pyramid scheme Mirror Trading International have grown to over R1.6 billion, with over 8,000 proven creditors as of end-April.

The Mirror Trading International (MTI) estate has around R637 million remaining in its accounts, with legal action pending in over a dozen countries to claw back withdrawals from people who profited from the scheme.

 

[LazyLion]

This needs to be made into a movie....

 

[Bliksis]

Just wait until tomorrow for the real amount.

 

[Gordon_R]

The headline has the wrong word order in the company name:

Mirror International Trading

 

[Bliksis]

The headline has the wrong word order in the company name:

That's pathetic. Lmao

 

[PsyWulf]

The headline has the wrong word order in the company name:

@Jan

 

[Bliksis]

@Jan

Maybe Poegert should sort it out

 

[Gravedigger]

IIRC from the data dump, there were some investors from China... Wonder how that will go, trying to track down these people...

 

[RedViking]

Cherri Marks Ward Lindtbolletjies is laughing all the way.

 

[RedViking]

The headline has the wrong word order in the company name:

When you tell your friends you went to MIT....

 

[Bliksis]

When you tell your friends you went to MIT....

They're so bad they haven't even bothered to change it yet.

 

[PsyWulf]

I have it on good Authority the writer has been spoken to

 

[Bliksis]

I have it on good Authority the writer has been spoken to

Haha that's more than mildly humorous. Sadly, this is unlikely to be a general improvement on their reporting.