South Africa: Special Investigating Unit Welcomes Imprisonment of Former City of Ekurhuleni Officials and Businessman for Fraud, Corruption and Money Laundering

South Africa: Special Investigating Unit Welcomes Imprisonment of Former City of Ekurhuleni Officials and Businessman for Fraud, Corruption and Money Laundering

Two former Ekurhuleni officials, businessman jailed for tender fraud, money laundering and corruption The Special Investigating Unit (SIU) welcomes the imprisonment of two former City of Ekurhuleni officials and businessman for tender fraud, corruption and money laundering in connection with R21.8 million. Today, the Pretoria Commercial Crimes Court sentenced Businessman Velero David to 10 years…

Bourenmouth man laundered money from illegal medicine sales

Bourenmouth man laundered money from illegal medicine sales

A MAN laundered hundreds of thousands of pounds obtained from a “sophisticated” operation supplying illegal medicines across Europe. Michal Lejmel was described as the “mastermind behind the laundering of the proceeds” from the international conspiracies, which sold and distributed various drugs, including erectile dysfunction medicine, fertility treatments and human growth hormone. Lejmel, aged 42, used various…

How Much Money Do You Need to Invest in Crypto?

How Much Money Do You Need to Invest in Crypto?

It’s easy to write off cryptocurrency investing as a rich person’s hobby or an activity with a ridiculously high barrier to entry. However, the mechanics to invest in crypto are complex and challenging for newcomers to understand. Moreover, with thousands of cryptocurrencies being actively traded on the market, there’s a significant learning curve to overcome.…