Willie Breedt is accused of going on the run after allegedly failing to repay the money investors had paid him. Around 2 000 investors put an estimated R227 million into Breedts VaultAge Solutions to invest in bitcoin and other cryptocurrencies. The South African Reserve Bank, through KPMG, is probing the sale of cryptocurrency by VaultAge…
When I was younger, I was taught that prevention was better than cure. This is something we as a country did not adhere to following the last recession regarding mortgage arrears. It is essential that the lessons learned from that crash are applied to what is coming here next. The pre-Covid-19 mortgage arrears landscape was…
Company directors could be personally liable when coronavirus relief measures end. As we know, the federal government has implemented a package of changesto Australian insolvency and bankruptcy laws to provide relief from the economic impacts of COVID-19. The package included a temporary insolvent trading safe harbour, which provides company directors with temporary relief from the…
Willie Breedt, CEO of VaultAge Solutions, who is alleged to have scammed bitcoin investors out of millions. Supplied Willie Breedt is accused of going on the run after allegedly failing to repay the money investors had paid him. Around 2 000 investors put an estimated R227 million into Breedt’s VaultAge Solutions to invest in bitcoin…