Thinking of opening one of those clever overseas trust thingies that the bank says is so useful? Well, before you do, look at how Nedbank does it - and then think again.
Various companies in the Nedbank group have brazenly conspired to commit fraud in order to secure the liquidation of a client who might otherwise have sued them for several millions of rands. And helping them in their unseemly task was none other than Mr Leonard Katz, better known as "Lenny the Liquidator".
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