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Alleged Ponzi mastermind flees home  Comments
November 11, 2009


Alleged Ponzi scheme mastermind Barry Tannenbaum is alleged to have fled his home in Sydney, Australia, SABC news reported on Wednesday.

Tannebaum's Johannesburg based attorney Darryl Ackerman said the man, accused of fleecing investors of R12.5 billion, left his home because he was concerned for his safety and that of his family.


Ackerman said his client relocated to what he perceived to be a safer location.

Last month, South African authorities issued an arrest warrant for Tannenbaum and his Swiss-based associate Dean Rees over the Ponzi scheme. - Sapa

Showing page 1 of 1 comment pages, 4 total comments
1 Week ago BG wrote :
Please come home, all is forgiven. You are but a minnow in the sea of ANC sharks frenzy feeding off everything that moves and doesn't move !
1 Week ago Nkalakatha wrote :
Eish, prison can't wait to touch that scum bum !!! You are going to have a ball of a time !!!
1 Week ago me wrote :
Doubt the Aussies will extradite him anyway, they would love to have more stolen South African money to bolster their coffers.... amazing
1 Week ago Anonymous wrote :
Run my boy! Can you blame everybody for wanting your hide! Your poor wife and children, they do not deserve this. We look forward to welcoming you back to South Africa, we have a wonderful little cell waiting for you. Don't worry about getting aids, we will make sure you have a shower every day.
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