MyBroadband Forum

Author:

MyBroadband is South Africa’s biggest and best IT news website, covering the latest international and local IT and tech news.
Join the discussion about all the latest in IT, telecoms, and broadband on MyBroadband’s community. Join this community to share ideas and read everything from expert opinion to casual discussion.

Bad news for kingpin of biggest pyramid scheme in South African history

Clynton Marks, one of the highest-ranking members in the collapsed Mirror Trading International (MTI) pyramid scheme, could be detained almost indefinitely under section 66 of the Insolvency Act.

This is according to several sources with an intimate understanding of the matter, including two legal experts. They spoke on condition of anonymity.

Read more…