Mr Treoc offers tempting get-rich-quick schemes – but legal troubles loom.
It appears glitzy and glamorous at first sight. All you have to do is put a hundred-thousand rand-or-so into the scheme and you will become fabulously rich “the Treoc Way”.
The scheme is operated by the Treoc Trust and the Treoc website waxes lyrical about the club: “Being part of our club is important. This is where you will meet your fellow Treocians. This is where you will hear motivational success stories.”
Investors are kept up to date with the latest Treoc investment news in the Treoc Times, which is written by the Treoc Ltd Chief Executive Officer, Coert Coetzee – a former Rapport financial journalist.
Surely one is on to a good thing when the CEO of a property investment company says: “Man has been involved in property since he stumbled into the first cave. If I lived in those days I would have had a few caves myself.”
“The Treoc principle is that business success is based on reverse logic like its name.” Coert, in reverse.