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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”.   ..

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