Carte Blanche

โ€˜Til the wheels come off

25 July
๐—ง๐—ต๐—ถ๐˜€ ๐˜€๐˜๐—ผ๐—ฟ๐˜† ๐—ผ๐—ฟ๐—ถ๐—ด๐—ถ๐—ป๐—ฎ๐—น๐—น๐˜† ๐—ฎ๐—ถ๐—ฟ๐—ฒ๐—ฑ ๐—ผ๐—ป ๐Ÿฎ ๐—๐˜‚๐—น๐˜† ๐Ÿฎ๐Ÿฌ๐Ÿฎ๐Ÿฏ. Earlier this month, Carte Blanche investigated a multi-million rand Ponzi scheme that involved purchasing luxury vehicles without ever paying a loan instalment. The wheels eventually came off in spectacular fashion. Then, days after our broadcast, viewers sent us stories of how they had fallen victim to a more complex but similar scam. We investigate an intricate โ€œride to ownโ€ scheme which had some motorists owning multiple vehicles that they werenโ€™t paying for and never took possession of. Now, the banks are owed more than R500 million and numerous vehicles have gone missing โ€“ stripped and resold for parts by a shady dealership. The Hawks are investigating but for the so-called victims, itโ€™s time to pay up. Your favourite episodes are now available on Carte Blanche: The Podcast: https://linktr.ee/carteblanchetv