Sunday, April 17, 2011

Even MORE details on TVI Express Arrests in South Africa

8-ball pyramid scheme model.Image via Wikipedia
From Limpopo Informant, South Africa news, dated April 12, 2011
Three people, allegedly running an illegal pyramid scheme, were caught by surprise when  police raided their business premises in Landdros Maré Street on Thursday. 
The owners, a husband and wife and their business partner, were charged with money laundering, running a pyramid scheme and conducting a financial business without a licence.About 10 clients were in discussion with the business owners when the police entered the premises. 
One of the clients, who wished to remain anonymous, said she invested about R21 000 and didn’t want to believe she was possibly part of a scam.

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