SA Ponzi mastermind sentenced to 25-year jail time

[Hanno Labuschagne]

SA Ponzi mastermind sentenced to 25-year jail time

In a dramatic climax to one of South Africa’s most notorious financial scandals, Johannesburg investment manager Craig Warriner has been sentenced to an effective 25 years in jail for orchestrating a Ponzi scheme that defrauded investors of over R1.2 billion.

The sentencing took place in the Palm Ridge Commercial Crimes Court on Monday, marking the end of a saga that has left hundreds of investors in financial ruin.

[BizNews]

 

[BlackStatic]

They added 5 years because he's bald.

 

[deweyzeph]

As the legal battle unfolds, Warriner’s life in prison remains shrouded in mystery. Attempts to smuggle a phone to him failed, and he reportedly refuses to talk to anyone. Protected by inmates, his thoughts in his cell are known only to him.

What an odd turn of phrase. Did the author of this article attempt to smuggle a phone to him in order to get his comment?

 

[xcaliber]

Back of the dudes head looks like that weird dolphin.

 

[WollieVerstege]

Here's looking at you Lindtbolletjie.

 

[Elf-San]

He'll be out in 3-5 years

 

[FiestaST]

Yup.

 

[Mich Selber]

If Afriforum is behind the supposed delay , the delay appears to be less than a year, so who is behind the much lengthier delays of the BTC Global, MTI, MMM cases?? So the fall guy of MTI died and the invisible milkshake man of BTC Global dissapeared, mmm...? The Zondo commission cost a Billion Rand and had two suspended convictions, who was behind that 'wasteful expenditure' ...?

 

[airborne]

If Afriforum is behind the supposed delay , the delay appears to be less than a year, so who is behind the much lengthier delays of the BTC Global, MTI, MMM cases?? So the fall guy of MTI died and the invisible milkshake man of BTC Global dissapeared, mmm...? The Zondo commission cost a Billion Rand and had two suspended convictions, who was behind that 'wasteful expenditure' ...?

So out with it who is behind these delays?