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BHI Trust

Victims of R2.7bn BHI Trust ponzi scheme in the dark
Business
/ 10 December 2023

Victims of R2.7bn BHI Trust ponzi scheme in the dark

Investors are worried that as the investigation drags on, their life savings may have been transferred out of reach to offshore companies

By Lyse Comins
Global & Local distances itself from BHI Trust financial scandal
Business
/ 22 November 2023

Global & Local distances itself from BHI Trust financial scandal

The financial intermediary says its ‘directors, staff, their families and friends have also suffered loss arising out of investments’ in the collapsed fund

By Lyse Comins
Ponzi scheme: BHI Trust inquiry is shrouded in secrecy
National
/ 17 November 2023

Ponzi scheme: BHI Trust inquiry is shrouded in secrecy

Forensic investigator raises the alarm over the decision to hold an in-camera inquiry into the swindle in which investors lost billions and calls for the minister of finance to intervene

By Lyse Comins
BHI Ponzi scandal: Investec cuts ties with Global & Local
Business
/ 13 November 2023

BHI Ponzi scandal: Investec cuts ties with Global & Local

The bank is terminating its relationship with the financial intermediary which is now directing clients to a business that has a director in common with BHI Trust’s administrator

By Lyse Comins
Fund manager and brokers distance themselves from BHI Trust
National
/ 10 November 2023

Fund manager and brokers distance themselves from BHI Trust

Axiam Capital Management say they feel betrayed by Craig Warriner but fear no liability in the matter

By Lyse Comins
BHI Trust’s R2.7 billion financial scandal hits investors hard
National
/ 10 November 2023

BHI Trust’s R2.7 billion financial scandal hits investors hard

Dozens of desperate investors are demanding answers about how their money could simply ‘disappear’ from the fund that claimed to have used registered financial service providers

By Lyse Comins

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