Latest Defencex news

Hawks are not investigating R800m Defencex Ponzi

13 February 2014 23:44

A year later no complaint has been laid by the Reserve Bank.

  • Defencex: What now?
  • Defencex’s Chris keeps on walking
  • Krion liquidators take 11 years to file first account

    12 November 2013 12:24

    Legal costs of R74m and liquidator fees of R10m leave little for investors.

    More Defencex news

    Zantech Ponzi took deposits under Reserve Bank's nose

    07 August 2013 00:18

    For months regulators looked on as alleged serial Ponzi schemer conned the poor.

    Defencex: What now?

    07 July 2013 23:23

    Members could be asked to repay income received from the scheme.

    Chris Walker breaks the silence

    01 July 2013 09:58

    Defencex mastermind: SARB thinks I'm the biggest criminal in SA.

    Defencex’s Chris keeps on walking

    28 June 2013 13:48

    Defencex's mastermind works on two new US based get-rich-quick schemes.

    25%-a-month investment scheme flourishes

    26 June 2013 23:35

    Scheme accepts money from greedy and desperate, while regulators look on.

    Chris Walker diverted more than R20m to himself

    26 June 2013 16:25

    Judge: “Walker has demonstrated an inclination to treat [Defencex] money as his own”.

    Defencex took more than R800m from members

    25 June 2013 15:14

    Judgement reveals just how massive Chris Walker’s scheme became.

    Defencex loses court battle

    25 June 2013 11:00

    2%-a-day scheme ordered to pay legal costs, prohibited from accepting deposits.

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