Suspects in court over R64 million Ponzi scheme.
Companies involved: Travel Venture International (TVI) and Trade for Life.
Suspects involved: Fakazile Mazibuko and Wilson Gazu, both of northern KZN.
Alleged Ponzi scheme masterminds in court after thousands lose life savings and pensions
Some took out loans, others ploughed their pension payouts and life savings into a “get-rich-quick scheme”, and many lost everything in an alleged Ponzi scheme.
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