Investec knows what you did last summer

Issue #130, 1st August 2010


Investec knows what you did last summer

Spies were paid to eavesdrop on clients and employees in a drama involving a R62m insurance claim. The evidence was filed at court last month.

Former Investec chairman, Hugh Herman's mates Ian Geoffrey Chait, sons Anton and Staurt Chait, Naftali Novick and Ian Fife who were all once co-speculators in various property ventures with him are being hounded by Investec who is seeking to recover R4.5m (plus ten years interest) from them.

Instructions from Investec head office included monitoring bank records and tapping phone lines. Gert Olivier, a captain in the Police Force and a member of the riot squad in Alexandra, used his official position to obtain banking details and statements.

Leonard Katz of Sonnenbergs provided the list of allleged suspects:  Les Haupt, Shahied Noor, Faizel Noor, Leonard Fourie, Rashad Khan Attorneys, Mariam Noor and Associates, and Beryl Lamjopoullis. (More names would be added later.)

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Reader's comments

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Submitted by : Pete on 2010-08-02 13:23:57
Scott is right, Lloyds should be furiously investigating. But Jane is right: Lloyds won't. Investec have a great scam going - they rip off the weak or the criminals. Neither can (usually) touch them. Let's hope this time is different, but don't hold your breath: They're digging dirt on the plaintiffs as we speak.
 
Submitted by : Jane on 2010-07-30 10:03:55
Look at Goldman Sachs... the world is still reeling from the aftershocks of the global financial crisis and the American and European banks were bailed out by taxpayer money... and Goldman Sachs directors blithely paid themselves grotesquely huge bonuses in the immediate aftermath. Don't delude yourself into thinking ANYTHING will happen to Investec. It's sad but true...

Editor's Note
Mr. Nose proposes Jane to head Financial Services Board (FSB)
 
Submitted by : Scott on 2010-07-29 13:57:19
Will Lloyds launch their own investigation into this? Surely they are the only ones who have the claut to bring these guys to justice?
 
Submitted by : Catherine on 2010-07-29 13:15:03
One thing is absolute - there has been conspiracy, complicity and above all ABSOLUTE DISHONESTY on behalf of both parties.

INVESTEC are rogues - well they simply repossesed peoples property and resold them at obscene profits -

CHAIT & SONS AND PARTNERS - in the way they originally obtained the site, bribed some officals at TELKOM to sell the site to them for a pittance of its worth - then took out loans ex-Investic bank to repay these loans -which they never repaid - how ODD?

Both parties should be investigated for crimes against humanity - both parties have destroyed lives and dreams of innocents - they all deserve to rot in jail.

Editor's Note
Won't agree more
 
Submitted by : Ikaneng on 2010-07-28 19:02:15
You can do as you please but don't forget this one cardinal rule; NEVER - EVER - GET CAUGHT!
 
Submitted by : Johan on 2010-07-28 14:39:01
What else???!!!.......
 
Submitted by : Donovan on 2010-07-28 13:40:33
Do the right thing and never, ever have any dealings with Investec.

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