People in many jurisdictions abroad who were looking to invest their retirement savings were fleeced by alleged bogus investment scams operating from Johannesburg and Cape Town.
Six suspects were arrested in Johannesburg on Tuesday during a takedown operation by the Hawks working with Interpol and other entities. They were found in an office with 25 call centre agents.
The arrests stem from an investigation initiated in 2022 triggered by statements provided by 43 victims from Australia, said Hawks spokesperson Lt-Col Christopher Singo.
