Abstract:
This dissertation seeks to analyse Ponzi schemes in South Africa while evaluating the legislative prescripts that govern how Ponzi schemes are criminalised and investigated in South Africa. The dissertation will analyse the investigation of Ponzi Schemes as well as repayment administration of a Ponzi scheme in South Africa. Lastly, the dissertation will cover the criminal prosecution of a Ponzi scheme in South Africa. A critical discussion will be provided on the possible failures of the regulators, law enforcement agencies as well as financial institutions in relation to Ponzi schemes and the harmful impact they have on the general public.
