South Africa: Tigon Duo Face 3160 Charges of Fraud

Johannesburg — THE 1385-page charge sheet handed to Tigon CEO Gary Porritt and his co-director Sue Bennett this week allege that the 3059 investors in a fund they effectively ran were duped into funding an illegal network siphoning money out of SA.

The funds these investors entrusted to the PSC Guaranteed Growth fund were used partly to finance a scheme Porritt ran to enable people to take money out of SA in breach of exchange controls.

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