HIV pyramid (ponzi) scheme busted by police
source: http://www.iol.co.za/index.php?set_id=1&click_id=13&art_id=nw20100511221535982C696906
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- stupidy
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South African authorities busted a pyramid investment scheme on Tuesday involving a company offering HIV and Aids treatments in a country with one of the world's highest infection rates.
Finance Minister Pravin Gordhan announced the police action in a budget vote speech to parliament, and Revenue Service spokesperson Adrian Lackay said executives at an unnamed firm allegedly misappropriated R100-million invested in an "immune booster pack for HIV sufferers".
South Africa has the world's largest Acquired Immunodeficiency Syndrome (Aids) treatment programme, and plans to double that with a $960-million scheme to increase access to Aids-suppressing anti-retroviral drugs to 80 percent of sufferers by 2013.
More at link
http://www.iol.co.za/index.php?set_id=1&click_id=13&art_id=nw20100511221...
Finance Minister Pravin Gordhan announced the police action in a budget vote speech to parliament, and Revenue Service spokesperson Adrian Lackay said executives at an unnamed firm allegedly misappropriated R100-million invested in an "immune booster pack for HIV sufferers".
South Africa has the world's largest Acquired Immunodeficiency Syndrome (Aids) treatment programme, and plans to double that with a $960-million scheme to increase access to Aids-suppressing anti-retroviral drugs to 80 percent of sufferers by 2013.
More at link
http://www.iol.co.za/index.php?set_id=1&click_id=13&art_id=nw20100511221...
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- groups:
- Community, WTF, Current Tonight, Health, 5 more
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- tags:
- HIV, South Africa, Ponzi scheme, Pyramid Scheme
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desertcat
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Anyone who reads a email or opens one where it came from anywhere in Africa deserves what he gets. GREED< GREED< GREED. Pure and simple.
- 2 years ago
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desertcat
