Wednesday, 31 August 2011

TVI Express banned in Lesotho

Following the ban of TVI Express in Namibia last year and the various investigations by The Hawks and The Reserve Bank in South Africa, TVI Express have now been declared illegal in Lesotho.
"The Central Bank of Lesotho would like to warn the public about the dangers of investing or participating in this particular scheme and other schemes of a similar nature. Furthermore, the Central Bank of Lesotho would also like to caution all promoters of TVI Express, including persons who attempt to recruit others, either by word-of-mouth or via spamming email messages to join these schemes, anywhere in Lesotho, to stop such practices immediately."
Botswana next?

[Thanks yet again to Kasey Chang.]

2 comments:

Kasey Chang said...

FYI, TVI Express is now COMPLETELY dead in Indonesia. Their business license was revoked on 03-AUG-2011, and now their "foreign investment" permit was revoked as well.

http://www.suarakarya-online.com/news.html?id=287255

(Use Google translate as the link is in Indonesian)

Kasey Chang said...

Apparently the previous warning from Central Bank of Lesotho did not have the desired effect.

http://sundayexpress.co.ls/?p=5591