South African authorities have recovered approximately 1200 BTC, held in an account belonging to Mirror Trading International. The account was held with FXChoice, who MTI appear to have hoped to launder the stolen funds through. MTI’s relationship with FX Choice came to a head last August. The broker sensationally dumped […]
Read Time : 2 Minutes
FSCA investigation into MTI completed, what now?
South Africa’s FInancial Sector Conduct Authority has announced the completion of its Mirror Trading International investigation. It appears what happens next is now up to Commercial Crime Unit of the National Prosecuting Authority. Whereas the FSCA previously labeled MTI an “illegal operation“, the conclusion of the investigation is absent in […]
Read Time : 6 Minutes
MTI leader Joel Santiago has an epic meltdown
A recording of a late December Mirror Trading International leaders zoom meeting has emerged. In the wake of MTI’s collapse, top US investor Joel Santiago has an epic meltdown. On the call with Santiago are Cheri Marks, Peter Muller, Rich Simmonds and other MTI leaders and top earners. Seven minutes […]
Read Time : 6 Minutes
New MTI leak blows open Ward’s “we are victims” lies
A new Mirror Trading International data leak has blown open claims the Marks family are Ponzi victims. The leak, hosted on HitHub and uploaded by “Anonymous”, lists Mirror Trading International’s top 200 earners. Whereas the first leak presented data up till mid September 2020, the new leak appears to be […]
Read Time : 10 Minutes
Listen as Ulrich Roux lavishes praise on MTI Ponzi scheme
In announcing their withdrawal as Mirror Trading International’s attorneys, the law firm Ulrich Roux and Associates stated it made it clear from the outset that we were in no position to provide potential clients with financial advice as to whether they should invest with MTI, as we are not financial […]
Read Time : 9 Minutes
MTI announcement throws CEO and wife under the bus
Mirror Trading International’s collapse continues to follow the BTC Global Team playbook. In the latest update, Cheri Marks spins quite a story. Marks, who is believed to run MTI with her husband Clynton (right, with Marks), acknowledges that MTI has “unraveled”. Following the search and seizure warrants executed by the […]
Read Time : 5 Minutes
Mirror Trading International’s attorneys withdraw
The South African law firm Ulrich Roux and Associates has announced it has dropped Mirror Trading International as a client. In their December 21st open letter, Ulrich Roux and Associates confirm Ulrich Roux and Associates was formally appointed as the legal representative of Mirror Trading International on 28 April 2020. […]
Read Time : 6 Minutes
MTI CEO Johan Steynberg now “missing”
Less than twenty-four hours after claiming CEO Johan Steynberg was abroad working on servers, Mirror Trading International now claims they haven’t heard from him since December 14th. The revelation was made via an email sent out to MTI affiliates a few hours ago. As per the email; Johann Steynberg our […]
Read Time : 3 Minutes
MTI CEO Johan Steynberg flees South Africa
In a video update published earlier today, Mirror Trading International affiliates have confirmed CEO Johan Steynberg has fled South Africa. As per the “Team Prime” video, information presented ‘is as shared by Cheri MTI’s head of communications.’ “Cheri” refers to Cheri Marks who, along with her husband Clynton (right), are […]
Read Time : 2 Minutes
Cheri Marks accuses FSCA of lying about criminal investigation
Suspected MTI co-owner Cheri Marks has accused the FSCA of lying about a Mirror Trading International criminal investigation. News of a possible criminal investigation into Mirror Trading International broke in October. The FSCA followed this up yesterday with confirmation ‘a criminal case has been opened by the FSCA with the […]