Whereas South African authorities proceed to twiddle their thumbs and do nothing, liquidation proceedings towards Mirror Buying and selling Worldwide’s ringleaders continues.
The newest choice has seen provisional sequestration granted towards Johann and Nerina Steynberg.
Johann Steynberg (proper) is believed to be a puppet govt, working with MTI’s actual house owners Cheri and Clynton Marks. Nerina is his spouse.
As reported by Jan Vermeulen of My Broadband;
The court docket order, which MyBroadband has seen, was handed down by Choose President Ephraim Makgoba on 13 April after the provisional liquidators of MTI utilized for Steynberg to be sequestrated.
Steynberg and his spouse Nerina had been named because the respondents, however Steynberg is the one topic of the order.
In case you’re like me and do not know what “provisional sequestration” is, it permits for the Steynberg’s property to be seized.
I’m not acquainted with South African regulation, so whether or not it is a blanket clawback or if seized property must be tied to MTI is unclear.
In any occasion the Steynbergs or “any events” have till July twentieth to oppose the Steynberg asset seizure.
Johan Steynberg hasn’t been seen or heard from since he reportedly fled to South America final December. His spouse Nerina continues to be in South Africa.
As for Cheri and Clynton Marks (proper); once more the failure of South African authorities to behave, has seen victims take issues into their very own arms.
On April thirteenth Vermuelen reported;
A Excessive Courtroom summons, seen by MyBroadband, has been issued to 3 folks concerned with BTC International – Clynton Marks, Cheri Marks, and Andrew Caw.
Eighteen BTC International Group victims have filed go well with towards the Marks and Caw.
BTC International was a Ponzi scheme launched by the Marks and Caw in 2017. It was basically the precursor to Mirror Buying and selling Worldwide.
South African authorities have been investigating BTC International Group since 2018. Up to now nothing has come from their investigation.