South Africa has its own Ponzi scheme too. A 2 billion rand (USD 257 million) scam that has ensnared many investors, including some well known local businessmen. Please click on the Post Title to link to a transcript of a radio interview that local fraud expert David Alexander did yesterday on South Africa’s Moneyweb Radio.
David Alexander is the Guest Expert at the CIT-Advantage Seminar in Johannesburg on 25/26 & 27 August 2009 on “RISK MANAGEMENT - CASE STUDIES FROM THE 2008 CRISIS”. David Alexander’s unique combination of business experience and insights into scams, fraud and social engineering through personal exposure has equipped him to provide unique insights and cutting edge, innovative social engineering, scam, fraud and economic crime solutions.
