Court to hear urgent liquidation application against KleuterZone investment scheme

Zelda Venter

THE Gauteng High Court in Pretoria is to hear an urgent application tomorrow by an investor into the KleuterZone investment scheme – founded by former singer and TV presenter Anthonie Bougas – for its liquidation. This follows allegations that he failed to pay dividends to investors this month. KleuterZone is a nursery franchise that has promised its investors annual returns of up to 62.4%. An investor, Anita du Plessis, who has invested a million rand in the franchise, said in court papers that she feared the company is operating in a manner that may involve fraudulent activities, characterising a ponzi scheme. She called on the court’s urgent intervention as she claimed the scheme has caused significant financial harm to investors. It is understood that more investors may join the application.…

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Cape Argus (Digital) - 1 Issue, 2025-03-17

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