South Africa: Corinth Group of Switzerland Victims

South African nationals feature among both the alleged perpetrators and victims of alleged Corinth Group of Switzerland advance fee fraud.

South African Connections

Alec Louw Theunissen, the UK-based director of Three Tuns Investment Holdings Ltd, holds South African nationality. His brother Brendton Theunissen also appears in the investigation. Jurie Coetzee is identified as an agent who introduced South African clients to the network [Companies House; complainant reports].

South African Victims

Complainants from South Africa report the same pattern described by victims in other countries: professional presentations, term sheets for corporate funding, advance fee payments, then delays and silence. The South African victim group may be larger than currently documented, as the investigation continues to receive reports. Jurie Coetzee's role as an introducer suggests a systematic approach to the South African market.

Reporting in South Africa

South African victims can report to: the South African Police Service (SAPS) — Commercial Crime branch; the Financial Sector Conduct Authority (FSCA); the Companies and Intellectual Property Commission (CIPC) for company-related fraud; and Interpol via SAPS for cross-border elements. Victims may also wish to consult a South African attorney regarding civil recovery options and potential claims under the Prevention of Organised Crime Act (POCA).

Key Facts

• Theunissen brothers are SA nationals
• Jurie Coetzee identified as SA introducer
• SAPS Commercial Crime branch accepts reports

Complaint Reports

People Involved

Related Entities

Related Investigations