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The Cape Town-based Louis family, in the spotlight following the collapse of international property syndicates, uses the Bible as its policy document.
By Jackie Cameron The Cape Town masterminds behind the Louis Group property syndicates that have collapsed have reacted with outrage to a liquidators’ report into the real estate schemes. Alan Louis, who heads the Louis Group, told BizNews this week that his organisation is disputing the contents of the report, which follows a complex investigation. … Read more
By Jackie Cameron South African investors will get very little of their money back from property syndicates marketed by the international Louis Group, which has its headquarters in Cape Town. This has emerged in a liquidators’ report released this month into about 120 separate Louis Group companies in the Isle of Man which sucked in … Read more