Every so often, a major financial scandal hits the headlines. We’ve had Masterbond, Fidentia, Barry Tannenbaum, Mirror Trading International and VBS Bank locally, to name a few of the big ones. Overseas, Bernie Madoff and Sam Bankman-Fried’s FTX stand out.
The latest one to emerge is the BHI Trust operated by Craig Warriner in Sandton. What’s odd about his “investment” was that the returns were fairly pedestrian – circulating news reports put the figure at about 13% a year since the 2008 financial crisis.
