Gauteng Ponzi scheme: Authorities attach R59m in assets pending outcome of alleged kingpins’ trial

Luxury homes were among the seized assets. (Supplied/NPA)

Luxury homes were among the seized assets. (Supplied/NPA)

Game farms, luxury holiday homes, cars and other assets linked to an apparent Ponzi scheme were attached on Tuesday following a restraint order granted by the Gauteng High Court in Johannesburg.

The assets, valued at more than R59 million, mostly belonged to Kelvin Cholwich, Theunis Schoeman, and Johan de Clerk, who are on trial for fraud in the Johannesburg Specialised Commercial Crimes Court.

READ | BHI Ponzi scheme: Craig Warriner sentenced to 25 years in jail

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