The National Consumer Commission will keep its investigation findings on suspected pyramid schemes under wraps.

The NCC investigated nine companies it believed were operating illegal pyramid schemes. WorldVentures, Kipi (also known as Mydeposits241), Make Believe, NMT Investments, Instant Wealth Club, MMM South Africa, Sikhese (Pty) Ltd, DiPESA, and Wealth Creation Club all faced scrutiny. Only one of them passed the test.

DiPESA cleared the investigation. NCC spokesperson Trevor Hattingh confirmed the company showed no characteristics of operating a pyramid scheme under the Consumer Protection Act. "On completion of our assessment into the business practices and operating model of DiPESA, the NCC found that the company did not require any further assessment or scrutiny," he said.

The other eight companies did not receive the same verdict. The NCC has handed its findings to the South African Police Service's Commercial Crimes unit instead of releasing them publicly. Hattingh explained the decision: "We have been working with the Commercial Crimes unit of Saps on this matter from the onset, and have now handed over all information and assessments to them to deal with the matter further."

Police secrecy rules the day now. The NCC will not comment publicly on the remaining investigations to protect the integrity of police work. That means WorldVentures and MMM South Africa will not see any public statement confirming what the agency found. What is clear: neither company received the clean bill of health that DiPESA did.

No timeline exists for how long police investigations will take. Victims and the public waiting for answers face an indefinite wait.

🤖 Quick Answer

What was the outcome of the NCC's investigation into suspected pyramid schemes?
The National Consumer Commission investigated nine companies suspected of operating illegal pyramid schemes, including WorldVentures and MMM South Africa. Only DiPESA passed scrutiny, demonstrating no pyramid scheme characteristics under the Consumer Protection Act. The NCC kept its findings on the other eight companies confidential.

Which company cleared the NCC's pyramid scheme investigation?
DiPESA was the sole company that successfully completed the NCC's assessment without triggering further scrutiny. The commission confirmed the company exhibited no operational characteristics consistent with pyramid scheme activities under South African consumer protection legislation.

Why did the NCC withhold its investigation findings?
The National Consumer Commission maintained confidentiality regarding its investigation results on the eight companies that faced assessment. While DiPESA's clearance was publicly announced, the specific findings against other investigated entities remained undisclosed to the public.

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