FSB: We’re working with offshore agencies on Kellermann
The FSB confirms that it is helping the offshore authorities in their investigations and has been engaging with Kellermann.
Clarus Capital
Mailbox: Ponzi scheme questions
Alec Hogg responds to an email, which questions how ponzi schemers manage to get their hands on the money.
Alec Hogg: Kellermann and Cosgrove make me an offer not to be refused
Something remarkable happened yesterday when alleged Ponzi Kingpins Cobus Kellermann and David Cosgrove made me an offer I couldn’t refuse. For only the second time in 35 years in this business, I was invited to fire any question I like at them.
Mailbox: DeVere client losing faith in the ombud
Biznews community member recounts his personal experience as a DeVere Group investor: “99% of the value of my investment has been lost in dodgy investments”
Belvedere Ponzi wake-up call – crooks aren’t stopped by red tape; honest players are
The Belvedere Ponzi scheme grabbed Alec’s attention yesterday – but in an unimaginable way. Biznews.com became the subject of a cyber attack that made it virtually impossible to get into the back end.
Belvedere Ponzi: The deVere connection – victim or partner?
DeVere’s army of commission-only salesmen could well deliver the inflows to get Belvedere to its massive scale. If so, why did it help bring the Ponzi down?
Belvedere Ponzi: The other kingpin – David Cosgrove
My bet is Kellermann’s on his way to Mauritius where his business partner and the scam’s other kingpin, David Cosgrove, operated the Belvedere Ponzi scheme.
Alec Hogg: Kellermann’s world starts to unwind
Alec Hogg discusses the latest financial scandal to hit South African shores: Cobus Kellermann’s alleged ponzi scheme. Hear what Alec has to say on this situation in today’s Rational Perspective video.
Belvedere scandal: The Anchor Capital connection
Anchor Capital CEO Peter Armitage’s name appeared as one of Clarus Capital’s half dozen “key people” on the website of the company run by Cobus Kellermann.
Capetonian Kellermann accused as kingpin of R200bn Belvedere Ponzi
Cobus Kellermann, CEO of Cape-based money manager Clarus Capital, has been fingered as a mastermind behind a massive global Ponzi scheme run from Mauritius.