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  1. Oct 4, 2023 · Stapleton and his son defrauded factory workers of more than R11 million by promising them high returns on their investments. They were convicted of fraud, infringement of the Banks Act and the FAIS Act in 2023.

    • Cebelihle Bhengu
  2. Oct 9, 2023 · Patrick Stapleton was sentenced to 10 years in jail for defrauding ‘unsophisticated investors’ of R11.5m, who now say he got off lightly. Ponzi kingpin Patrick Stapleton, now serving 10 years ...

  3. Oct 9, 2023 · 9 October 2023. Ten years direct imprisonment. After many delays, Patrick Stapleton (66) was finally sentenced to prison for a fraudulent investment scheme that fleeced prospective investors out of millions of rands. Stapleton was the mastermind behind this ploy. The sentence was handed down last Thursday in the Durban Commercial Court after ...

  4. Oct 3, 2023 · Patrick Stapleton conned people into investing in his Dynamic Group, claiming it was underpinned by successful businesses. Ponzi kingpin Patrick Stapleton has been sent to jail for 10 years after ...

  5. Oct 12, 2023 · The person who came to my house were Carol Gardener who promised us that we will get a good income every month now what about her I see that Patrick Stapleton gets nailed there were a whole group of them lied to the investees by that time there were about 2000 investees who all lost there pension fund money even my daughter lost R100.000 and she didn’t even get a cent from that money.

  6. Oct 4, 2023 · A KwaZulu-Natal man has been sentenced 10 years imprisonment after he was found guilty of running an elaborate Ponzi scheme.. Patrick Stapleton, 66, was found guilty on 147 counts of fraud and ...

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  8. Nov 2, 2017 · DURBAN - Fraud accused Patrick Stapleton and his son Michael have been released on bail after spending a month behind bars. The father and son pair from Hillcrest were granted a bail reduction by ...