General

What Is the South African Connection to the Corinth Group?

The South African connection is significant:

PEOPLE: Alec Theunissen (Managing Director, South African), Brendton Theunissen (reported associate), Jurie Coetzee (South African agent), Trevor Du Preez (replacement director), Lionell Olivier (resigned director), Andries Geldenhuys (resigned director)

NAMING: Multiple UK SPVs use South African/Afrikaans names — Tswana (Bantu ethnic group), Venda (Bantu ethnic group), Mikrogolf (Afrikaans for microwave), Nightbirde (SA)

VICTIMS: South African fraud report on Ripoff Report (2016, Johannesburg). Class action reportedly being assembled. South African police and Interpol reportedly investigating.

[Source: Companies House, fraud reporting platforms]

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