Three Eastern Cape company directors charged with running R1.2m pyramid scheme | News24

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Three Eastern Cape company directors have appeared in court on charges of running a pyramid scheme, the Hawks say. | nickymccain

The Hawks have arrested more senior government officials who are allegedly linked to fraudulent activities.They allegedly ran a pyramid scheme that brought them R1.2 million.Three company directors have appeared in court for allegedly running a pyramid scheme, through which they allegedly made off with R1.2 million.

Hawks spokesperson Captain Yolisa Mgolodela said they were arrested on the same day by the East London Serious Commercial Crime Investigation team of the Hawks on charges of fraud.

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