IRS Forensic Investigations

83 moorde en 138 verkragtings word elke dag in Suid-Afrika gepleeg. Dis volgens die jongste misdaadstatistieke wat Vrydag bekend gemaak is. Geweldsmisdade het tussen Oktober en Desember verlede jaar toegeneem. Boonop is daar sindikate soos die in die boubedryf en die wat Eskom infrastruktuur beskadig. Talle kenners meen Suid-Afrika 'n mafia staat. Ons praat met Ian Cameron van Action Society en met Chad Thomas van IRS Forensic Investigations.

“Slam the Scam” Mzansi and don’t become a victim of online fraud.. Share this information to help your community and loved ones stay safe from online scams.

eNCA speaks to Chad Thomas from IRS forensic investigations.

Unpacking what to make of the death threats against Director General Phindile Baleni? With Chad Thomas, Organsied Crime Expert.

Julie Alli talks to Chad Thomas, organised crime expert.

If you missed either of the Boereverneukers episodes featuring IRS, then click on the link and watch! Two very bizarre stories.

Allie Alberts

Richard Barry Nel

We recently saw the recent developments made by investigations conducted by law firm Bowmans and the Special Investigating Unit (SIU) relating to dodgy tenders at Eskom over the past 10 years resulting in a R178 billion graft. The investigations found a slush fund created by former executives where they had monies paid for various aspects of their lives. One of the cases involves a company named Tubular construction which supplied services to Eskom over contracts worth R1,2 billion and a multinational company called Babinatlou Business Solutions which also received millions. How are monies located and traced? Joining us to discuss this is Investigator at IRS Forensic Investigators, Chad Thomas.

Those who did, say they were ripped off wholesale!

Bitcoin’s price rocketed more than eleven-fold to break past the barrier of $60 000 (R896 000) from a low of $5 300 during the Covid-19 financial crisis.

The currency, however, decreased in value to $56 000 on Monday.

This follows the downfall of various schemes claiming to trade in cryptocurrencies. The most recent is the application to liquidate MTI. It is said that about 100 000 South African and international investors will lose R6 billion after the CEO of MTI, Johann Steynberg allegedly fled to Brazil in December last year, never to be seen again, since then.

Apparently Steynberg is the only one with access to the investments. MTI was provisionally liquidated after Steynberg disappeared and it will hear at the end of May whether the company will be put under final liquidation, which created scepticism under some investors.

But the latest increase caused even sceptics to look with renewed interest to the cryptocurrency.

Despite Monday’s pullback, many investors believe the outlook for Bitcoin’s price remains tilted to the upside.

However, investors should really be careful, cautions private forensic investigator, Chad Thomas.

According to Thomas the digital nature of Bitcoin and other cryptocurrencies makes it the ideal product for conmen and scammers.

The currency cannot be regulated through financial statements and other measures that protects investors against losing their money in other investments, Thomas told Izak du Plessis. Watch the video.

Watch part 1 of the Special Assignment insert into serial fraudster, Tracey Morrison, which aired on SABC on 2 March 2021. Part 2 will be during this coming Tuesday 9 March 2021 on SABC.