South Africa investigates Worldwide Solutionz for scam


Worldwide Solutionz, a ponzi scheme, is being investigated in South Africa for operating in a manner that does not correspond with what it was registered as.

Basically, the company is under the beam light for diguizing to be helping the poor. Worldwide Solutionz affiliates are said to have invested USD25 on the promise of getting a return on investment of USD40. This ROI was funded by subsequent affiliate investment.

With a USD15 liability generated per USD25 investment made, in early 2015 the scheme began experiencing cash-flow problems which is the usual of all Ponzi programmes. In April, 2015 Worldwide Solutionz collapsed, which founder Marelize Van Niekerk-Venter blamed on a “lack of support” from affiliates.

In early 2016 Van Niekerk-Venter suggested a Worldwide Solutionz reboot was on the cards, however to date this failed to materialize.

However, authorities in South Africa have revealed a criminal investigation is being carried out.

Worldwide Solutionz had earlier confirmed it was under regulatory scrutiny in late 2014. In January it was revealed Van Niekerk-Venter (right) had hired a criminal attorney, and since then there has been no indication as to the status of any South African regulatory investigation into the scheme.

Van Niekerk-Venter disappeared after Worldwide Solutionz collapsed. The last post on her Facebook profile is dated November, 2014.

Few days back, about fifteen South African Worldwide Solutionz victims known to police received an email from the Directorate for Priority Crime Investigation (DPCI).

The Directorate for Priority Crime Investigation is now responsible for the combating, investigation and prevention of national priority crimes such as serious organized crime, serious commercial crime and serious corruption.

According to reports, victims have been given until May 19th to respond to the email. Moreso, the current status of Marelize van Niekerk-Venter and her son Ruan is unclear.  However, what becomes of the investors is yet to be seen after the investigation process.

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