Cape Town - “There is no Ponzi scheme," Cobus Kellermann of Welgemoed in the Cape, and his business partner David Cosgrove, of Mauritius, said in an interview with Die Burger newspaper, a sister publication and part of Netwerk24.
Kellermann and Cosgrove are dousing fires after allegations in the international and local media that they are involved in a Ponzi scheme.
Both say no, their work is honest and their income is the result of normal hard work.