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Oct 4, 2023 · Stapleton and his son defrauded factory workers of more than R11 million by promising them high returns on their investments. They were convicted of fraud, infringement of the Banks Act and the FAIS Act in 2023.
- Cebelihle Bhengu
Oct 9, 2023 · Patrick Stapleton was sentenced to 10 years in jail for defrauding ‘unsophisticated investors’ of R11.5m, who now say he got off lightly.
Oct 3, 2023 · Ponzi kingpin Patrick Stapleton has been sent to jail for 10 years after being convicted of defrauding R11.5m from mainly retired and retrenched manual labourers...
Oct 12, 2023 · Durbanite Patrick Stapleton (pictured), notoriously linked with the once-thriving venture capital company Edwafin in the early 2000s, apparently pulled the same scam twice, only this time he did not get away with it.
Nov 26, 2017 · DURBAN - Some of the victims who lost their pension payouts after allegedly being duped into investing in Patrick Stapleton’s Ponzi scheme fear they will never get their money back.
- Nokuthula Ntuli
Oct 9, 2023 · After many delays, Patrick Stapleton (66) was finally sentenced to prison for a fraudulent investment scheme that fleeced prospective investors out of millions of rands. Stapleton was the mastermind behind this ploy.
Oct 4, 2023 · Patrick Stapleton, 66, was found guilty on 147 counts of fraud and contravention of the Banks Act, and contravention of the Financial Advisory and Intermediary Services (FAIS) Act.
