Magistrate in case against Louis Liebenberg orders latest postponement be the last
Liebenberg made an appearance in the Bronkhorstspruit Magistrates Court on Tuesday, with 8 co-accused of running a botched diamond investment scheme.
Louis Liebenberg appeared in the Bronkhorstspruit Magistrates Court on 2 April 2025. Picture: Kgomotso Modise/EWN
JOHANNESBURG - The magistrate in the case against alleged Ponzi scheme kingpin Louis Liebenberg has ordered that the latest postponement in the matter co-accused be the last before trial begins.
Liebenberg made an appearance in the Bronkhorstspruit Magistrates Court on Tuesday, with 8 co-accused of running a botched diamond investment scheme.
They face charges of fraud, racketeering, and money laundering.
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Leaning on a metal rail with hand casually on his chin, Liebenberg addressed the court on how he has been treated as a convicted criminal and not an awaiting trial prisoner, whose innocence has not been determined.
Among his grievances is the fact that as an inmate incarcerated at the C-Max facility at the Kgosi Mampuru Prison, he is not allowed any communication with his wife Desiree, who also stands accused and is behind bars.
It’s been 9 months since the group of 9 accused was arrested for allegedly running a diamond Ponzi scheme and their lawyers have pointed out that the matter has been postponed repeatedly for further investigation.
The court has ordered that the postponement on Tuesday for further investigation be the last and for trial proceedings to commence in November.