�Avoid WorldVentures�
Friday, May 29, 2015
One of the longest-running was TVI Express, a pyramid scheme that claimed to be based on the sale of travel discount vouchers. Let us be clear about one thing. A discount voucher is not a product, it is a reduction in the price of a product. What they were really interested in is you recruiting more and more people beneath you, forming the pyramid that makes the people at the top so much money.
Luckily authorities around the world, in places as varied as Namibia, Lesotho, the US State of Georgia and Indonesia soon realised they were a scam and outlawed them. They soon disappeared here in Botswana too as the noose tightened around them.
That a single private law firm pocketed P6.5 million for just four cases, out of a total P11.1 million paid for 25 matters, reeks of a system that was not merely disorganised but open to abuse.Bayford has taken a welcome first step by telling the Public Accounts Committee the truth. Now he must act decisively to ensure it never happens again and that any money lost to wrongdoing is recovered.The figures are staggering. Whilst ordinary Batswana...