@tytheyt@BoardLotSultan@miamoreazure His trump card were the SPVs, he knew the funds would be liquidated but they would be at the mercy of the SPVs, legally insulated from Funds ( CHYS and CPN) . He never anticipated that doctrine of tracing would be invoked
@Ruitha_Thigoe@miamoreazure@BoardLotSultan It's a provision in the insolvency act called the claw back clause. Investors in Madoff made back most of their principal bcse of that and also bcse the estate of one biggest beneficiaries ( he died of a heart attack shortly after scandal) settled with authorities
@lynettekoen Adam's was simply suffering from delusions of grandeur. He would run his mouth, all he needed were cameras. His sojourn to KZN taught him to close his mouth