[Steynberg, the guy who did the MTI Bitcoin scheme is the 2nd worst Afrikaner criminal of all time. I even warned other Whites against him. I even looked into his website and saw that it was a fake. Here are the top 4 worst Afrikaner criminals of all time. Jan]
o The Financial Crime Leaderboard
o Figure & Scheme
o Modus Operandi
o Estimated Damage
o The Impact on Victims
o Markus Jooste
o (Steinhoff, 2017)
o Corporate Accounting Fraud: Cooked the books of a multinational retail giant using fictitious transactions to artificially inflate profits and asset values over decades.
o R200+ billion
o (~$12 billion USD)
o Macro-Economic Disaster: Devastated institutional investors and wiped out the retirement funds of millions of ordinary citizens via public pension funds like the PIC.
o Johann Steynberg
o (Mirror Trading International, 2020)
o Crypto Ponzi Scheme: Used a multi-level marketing structure and a fake "AI trading bot" to lure global investors into depositing Bitcoin.
o $1.7 billion to $3.4 billion
o (Based on global regulatory claims and up to 39,000 BTC handled)
o Global Retail Ruin: Directly wiped out the savings of hundreds of thousands of individual internet investors across the globe who willingly chased high crypto yields.
o Marietjie Prinsloo
o (Krion Financial Services, 2002)
o Affinity Ponzi Scheme: Ran a massive micro-lending pyramid network that leveraged close-knit community, church, and family trust.
o R1 billion
o (Equivalent to several billion rands today)
o Community Devastation: Explicitly targeted working-class families and pensioners. More than 75% of her 30,000 victims were older than 40, losing everything they had saved.
o Adriaan Nieuwoudt
o (The Kubus Scheme, 1984)
o Bizarre Product Pyramid: Sold expensive "activator kits" to thousands of people to grow a milk-and-sulfur yeast culture in their homes, promising to buy the dried product back.
o Millions of Rands
o (Massive scale for the 1980s economy)
o Household Exploitation: Plagued everyday households across South Africa before the government stepped in and retroactively outlawed the scheme as an illegal lottery.