Coenraad “Coenie” Botha’s CBI Global Ponzi scheme has collapsed for a second time. Rather than just admit it ran out of money, like all Ponzi schemes inevitably do, Botha is blaming South African regulators. In a November 23rd communication sent out to CBI Global investors, Botha (right) advised; We are closing out exchange facilities in [Continue reading…]

Source: CBI Global collapses again (Coenie Botha’s 3rd Ponzi collapse)

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