CBI Global @ BehindMLM

Officer handling CBI Global Ponzi case develops sudden amnesia

The Namibian Police Officer pro$ecuting the CBI Global Ponzi ca$e appear$ to have come down with a $udden ca$e of amne$ia.

Coenraad Botha fined R216 million for CBI Global fraud

Coenraad Botha has been fined R216 million ($11.3 million USD) by South Africa’s Financial Sector Conduct Authority (FSCA). Botha, a licensed lawyer in South Africa, has also been disbarred for ten years.

Coenie Botha and wife Charlotte Murove arrested again

CBI Global founder Coenraad Botha (69) and wife Charlotte Murove (31) have been charged with sixty-three criminal offenses related to the CBI Global Ponzi scheme. Following their arrest on Monday the 11th , a defense attorney argued Botha’s and Murove’s arrest was unlawful. Based on there being no appropriate warrants issued for Botha or Murove, [Continue reading…]

CBI Global attorney Afrika Jantjies arrested for fraud

Following his arrest on March 13th, CBI Global owner Coenie Botha contacted attorney Afrika Jantjies to represent him. When Botha and Jantjies presented at court, Jantjies was promptly arrested as a CBI Global accomplice.

Coenie Botha arrested & charged over CBI Global Ponzi

Coenie Botha has been charged by the Bank of Namibia (BoN). New Era were first to note Botha’s appearance “Windhoek Magistrate’s Court on a charge of fraud” yesterday. As per a subsequent press-release issued by the Bank of Namibia earlier today;

BoN overturns CBI Global Ponzi funding decision

The Bank of Namibia successfully overturned a court decision, requiring it to fund Coenraad Botha’s collapsed CBI Global Ponzi scheme. I know that’s an utterly ridiculous sentence but uh… welcome to Ponzi regulation in Namibia.

Court orders Bank of Namibia to fund CBI Global Ponzi

A court has ordered the Bank of Namibia to fund CBI Global. The Bank of Namibia is Namibia’s top financial regulator. CBI Global is a Ponzi scheme. Oh dear.

GSB Gold Standard Bank, Dafri Bank fraud warnings issued

The Central Bank of the Comoros has issued a multi-scam fraud warning for Gold Standard Bank and Dafri Bank. As per the BCC’s 15th June warning;

Coenie Botha reckons running CBI Global costs $62K month

Coenie Botha’s latest legal grift in Namibia has seen him claim running his Ponzi scheme costs $62,150 a month. This is based on a March carve-out, which saw the Bank of Namibia required to unfreeze enough for CBI Global to meet its “day-to-day operations”. CBI Global is a collapsed MLM crypto Ponzi scheme run by [Continue reading…]

Coenie Botha misrepresenting CBI Global’s VASP license

When you visit CBI Global’s website the first thing you’ll see up top is a VASP registration message: CBI Exchange (Pty) Ltd is a registered Virtual Asset Service Provider registered with the Financial Intelligence Centre (FIC) Namibia – Read our┬áVASP Disclaimer Instead of registering CBI Global with the BoN, Coenie Botha thought he could pull [Continue reading…]