Hard times for Cape's 'Platinum Ponzi' pastor

11 October 2015 - 02:00
By PHILANI NOMBEMBE

Cape Town's multimillionaire pastor Colin Davids is on his knees again - this time with a begging bowl in hand. The high-living Davids - whose assets were seized three months ago by the Asset Forfeiture Unit amid claims that he was running a Ponzi scheme - says he needs R290000 a month for living expenses and legal fees.

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