Millions lost by 150 investors who clicked on a deep fake “Elon Musk” ad…

Loading player...
One hundred and fifty (150) victims have come forward to report losses of millions of rands - after clicking on a deep-fake ad featuring Elon Musk. This after Advocate Petra van Niekerk blew the whistle in a recent interview with BizNews. She is now representing many of the victims - after she herself lost her life savings.  In this second interview, she reveals that one unlucky investor had lost R5,5-million. She relates the devastating impact on the victims, one of whom tried to kill herself after losing all her money. She also gives an update on the legal fight back, and has wise words of comfort for those who feel ashamed and embarrassed.
26 Feb 2024 5AM English South Africa Investing · Business News

Other recent episodes

BNC#9 | Viljoen Q&A: The investment advice most fund managers won't give you

Piet Viljoen doesn't read the news, doesn't watch the Fed, and thinks most of what the investment industry sells you is jargon designed to make simple things sound complicated. In his Q&A at BNC#9, he went after executive pay, looked at private equity's real return profile, explained why he avoids…
9 Sep 10AM 32 min

Sam Montsi: Keep “crazy” people out of power!

In this interview with Chris Steyn, business icon and author Sam Montsi, gives his take on revelations at the Madlanga Commission of Inquiry, as well as the worldwide impact of US President Donald Trump’s actions. On political and police capture by crime cartels, he says: “It's frightening what has happened…
9 Sep 5AM 17 min