Trying to forget Barry

Trying to forget Barry

Do Ponzi victims want their cover blown? Not likely.

By now readers don't need to be told who Barry Tannenbaum and Dean Rees are – or that scores of millionaires have been shown up by these two ponzi operators as being both excessively greedy and not very bright. (Pick n Pay CEO Sean Summers told a mutual friend after a week of it: “If another person calls me stupid, I'll pop him one!”)

Instead, noseweek will take a brief but careful, more critical, look at how it all works – and how this particular ponzi is likely to unravel.

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Reader's comments

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Submitted by : Nicole Mostert of Johannesburg on 2009-06-29 16:24:19
Does Dean Rees have any connection with Alexander Forbes?
Submitted by : Scott Cundill of Johannesburg on 2009-06-27 18:34:26
What I want to know is what kind of sales technique these boys used.
Submitted by : Harry Nicolaides of Benoni on 2009-06-26 11:33:27
Is there a connection with Kieth and Barry's ponzi through Kieths ex major shareholding in Imuniti (pharmaceutical company on altx)
Submitted by : Lynne Correia of Stellenbosch on 2009-06-26 08:41:14
"Abated" investments!!! (abated : cause to become smaller) hahaha
Submitted by : N HOLBOROW-BROWN of PARKLANDS on 2009-06-25 16:54:37
There was a very distraught lady on 702 who sounded seriously suicidal. She mentioned by name a HUGE firm of chartered accountants; saying that they had issued a glossy brochure punting the scheme. One must assume therefore; that they must have creamed-off a right bundle of "commissons" and one wonders if this would be classed as the profits of crime and be repayable. The name of this firm has yet to be revealed in print - not even by Noseweek - funny that!


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