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A SA businessman has been convicted in a New York court of defrauding investors of millions of dollars through three investment schemes, including a $42.5m (R615m) initial coin offering (ICO). ....
At Any Cost – Stephen Timm Search Polity Note: Search is limited to the most recent 250 articles. To access earlier articles, click Advanced Search and set an earlier date range. To search for a term containing the & symbol, click Advanced Search and use the search headings and/or in first paragraph options. With. Clear Search Sponsored by Sponsored by At Any Cost – Stephen Timm To play this media please enable JavaScript, and consider upgrading to a web browser that supports HTML5 media 9th April 2021 Eran Eyal had it all: a trendy New York apartment, a jetset lifestyle and investors lining up to get in on his million dollar cryptocurrency startup, Shopin. He had come a long way from an ordinary middle-class childhood in Durban and the burgeoning tech startup world of Cape Town. ....
South Africa’s small business and start-up sector is driven by dreams and determination. One can understand how investors are duped by people masquerading as honest, hard-working, grassroots entrepreneurs. A “fake-it-till-you-make-it” culture is rife because, honestly, which investor would hand money to the bright-eyed dreamer who admits his business might fail? Stephen Timm has written a book about local start-up company Springleap and its founder Eran Eyal. Springleap was hailed as a major success by DesignIndaba and had partnerships with established local retailers like Big Blue. Eyal managed to build a reputation for Springleap out of nothing and defraud investors of millions of dollars. Stephen Timm traces the origins of the elaborate scam as a warning to investors: As innocuous as a start-up company might seem, caution is always advised. This article was first published on MyBroadband.- Melani Nathan ....
How Eran Eyal hoodwinked investors for millions techcentral.co.za - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from techcentral.co.za Daily Mail and Mail on Sunday newspapers.
From the ashes Published in the Sunday Times (24/01/2021) Although last year was annus horribilis, a few bright sparks came out of it. One was that people had time to write books. Good books. So there is plenty on offer this year to keep readers happy. Here are a few highlights, from all-time favourite novelists to debut writers and a few in between . 1. Already touted as the debut of the year is The Prophets by Robert Jones Jr. The Guardian has said its magnificence is reminiscent of Toni Morrison. It s the love story of two men who are enslaved on a plantation in America s Deep South. ....