×

We've got news for you.

Register on TimesLIVE at no cost to receive newsletters, read exclusive articles & more.
Register now

SA tackles Switzerland over millions lost by investors in global pyramid scheme

The Travel Ventures International (TVI) scam sucked in thousands of local ‘investors’ who lost a total of about R4bn

09 January 2022 - 00:00 By TANIA BROUGHTON

South African officials attempting to help locals snared in a R4bn pyramid scheme are demanding payment of R115m from Switzerland, which confiscated the money as “proceeds of crime”.   ..

This article is reserved for Sunday Times subscribers.

A subscription gives you full digital access to all Sunday Times content.

Already subscribed? Simply sign in below.

Registered on the BusinessLIVE, Business Day or Financial Mail websites? Sign in with the same details.



Questions or problems? Email helpdesk@timeslive.co.za or call 0860 52 52 00.