van Vuuren's

mr hawaii
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Re: van Vuuren's

8 years 4 months ago

#654809

it seems he managed Telkoms money as badly as he did his Racing ....

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rob faux
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Re: van Vuuren's

8 years 4 months ago

#654810

mr hawaii wrote: and the fairy tale that was created that he invented software that allowed him to "print money" ?
Can you actually believe such a thing?

Well it took his employers 7 years to smell a rat!!!!

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mr hawaii
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Re: van Vuuren's

8 years 4 months ago

#654811

I think he took the Yellow Pages slogan"Let Your Fingers do the walking" literally

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rob faux
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Re: van Vuuren's

8 years 4 months ago

#654812

mr hawaii wrote: it seems he managed Telkoms money as badly as he did his Racing ....

Mismanagement wasn't his problem...lol......the charges are theft and fraud !!!!

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Countrymember
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Re: van Vuuren's

8 years 4 months ago

#654814

Will the people who bought his horses have to give them back, as they were originally bought with stolen money?......

I had a cousin who had all his property confiscated because the houses he owned were bought with money that was stolen. He didn't know the person who gave him the money stole the cash. My cousin was cleared of any wrongdoing , but still lost everything...

.

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CnC 306
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Re: van Vuuren's

8 years 4 months ago

#654818

mr hawaii wrote: and the fairy tale that was created that he invented software that allowed him to "print money" ?
Can you actually believe such a thing?

yet again a case of, when it sounds to be too good to be true then it usually is. If true its no wonder they just threw money at purchasing horses as many a time posters suggested that they paid over the odds for a lot of their horses.

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Warren Laird
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Re: van Vuuren's

8 years 4 months ago

#654823

Countrymember

Please don't say that . I dont think so though because we paid the sales agency TBA , that's a curve ball .

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Muhtiman
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Re: van Vuuren's

8 years 4 months ago

#654824

[/quote]

Well it took his employers 7 years to smell a rat!!!!

[/quote]

......what I find truly amazing is that they were able to hide in plain sight being so high profile in the racing industry and none of the people he worked with tried to blow the whistle on THEM....unless they were all in on IT....

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mr hawaii
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Re: van Vuuren's

8 years 4 months ago

#654825

Warren L wrote: Countrymember

Please don't say that . I dont think so though because we paid the sales agency TBA , that's a curve ball .

I think, unfortunately(not an expert by any means) that the wronged person(telkom) will have a claim on these assets... I believe then the 3rd parties who bought the assets in good faith would have to sue Van Vuuren but as I say no expert

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Warren Laird
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Re: van Vuuren's

8 years 4 months ago

#654828

mr Hawaii - Well then I would like to see Brian B. face at the moment he bought a whole package.

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the duke
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Re: van Vuuren's

8 years 4 months ago

#654829

Eish sad sad sad..........unbelievable...

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Haupie
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Re: van Vuuren's

8 years 4 months ago

#654832

Sadly yes, CM

If memory serves me correctly, the liquidators of any insolvent estate can apply to court to nullify any disposition of assets 6 months before any act of insolvency (or it may be from the date of the insolvency order)

I have seen many people lose out on what they thought were bargains innocently acquired

Countrymember wrote: Will the people who bought his horses have to give them back, as they were originally bought with stolen money?......

I had a cousin who had all his property confiscated because the houses he owned were bought with money that was stolen. He didn't know the person who gave him the money stole the cash. My cousin was cleared of any wrongdoing , but still lost everything... .

The following user(s) said Thank You: Countrymember

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