RATE Group | SA investors fear cryptocurrency CEO accused of stealing millions could be on the run – The Citizen
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SA investors fear cryptocurrency CEO accused of stealing millions could be on the run – The Citizen

29 May SA investors fear cryptocurrency CEO accused of stealing millions could be on the run – The Citizen

Posted at 07:59h in Cryptocurrency News by

Bitcoin investors who poured millions into VaultAge Solutions are concerned that its CEO has made a run for it after not hearing from him since December.

There is speculation that Willie Breedt is staying near Jeffrey’s Bay and while the Hawks are investigating, information indicates he has left the country.

The Hawks, who are investigating a case of fraud, say they cannot reveal any more information about their probe into Breedt.

Investors who were contacted by News24 said they have not heard from the CEO of VaultAge Solutions (VS), Willie Breedt, since December when he promised to pay back their money.

The Hawks have stepped in to investigate after an investor opened a case of fraud against Breedt.

Some have speculated Breedt is staying at a luxury mansion in the well-known Marina Martinique Estate in Ashton Bay, Jeffrey’s Bay.

However, officially he seems to be still out of the country. According to information from the Department of Home Affairs, Breedt…

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