Sharemax pays R400k for Basson's book
Property syndicator Sharemax paid R400 000 to the executor of the estate of Deon Basson, the late investigative journalist.
Basson had been a longstanding critic of Sharemax. Before his death he authored a book titled Public Interest Warriors, in which Sharemax appeared extensively.
Among other things, Basson took issue with Sharemax's fees, which he believed to be excessive.
Sharemax struck an agreement with the executor of Basson's estate, André Robberts, to purchase the copyright of Basson's book.
Sharemax lawyer Coenie Willemse has since sent letters to Realestateweb and ITINews editor Brent Wilson requesting the immediate removal of all articles and/or excerpts from Public Interest Warriors.
Willemse's firm Botha Willemse & Wilkinson have received many commissions from Sharemax. They acted for Sharemax in its case against Basson for alleged defamation. They have also sent countless threatening letters to journalists in reaction to articles they have written on Sharemax.
Keep up-to-date with important property news and insights. Subscribe to Realestateweb’s FREE weekly newsletter by clicking here.
Services Subscribe to newsletters News feeds
|
||||||||||
Facebook
Google
Laaik.it
Yahoo!
Digg
del.icio.us
Comments
If Sharemax did nothing wrong, why do they want to wipe out the record?
by Fanny Pancakes on June 11 2009, 15:38
Find this comment inappropriate? Report it
This just simply isn't right.
Evil won out today.
by W on June 11 2009, 16:16
Find this comment inappropriate? Report it
Standfast against this type of heavy handed bullying as the freedom of the press is paramount.
by Steadfast on June 11 2009, 16:35
Find this comment inappropriate? Report it
Coenie Willemse is one of the most unpleasant characters one can ever hope to meet. This certainly seem a case of like attracting like.
by J M on June 11 2009, 17:36
Find this comment inappropriate? Report it
So there you have it...Sharemax has eventually answered all those questions if you ever had any nagging doubts that the stories were true. What a PR blunder that is!
by Truth on June 11 2009, 17:54
Find this comment inappropriate? Report it
Buy assets like property under your own control and in your own name or CC/ company /trust. If you buy into schemes such as this you may get squashed by a falling pyramid!!!
by Caught Once on June 11 2009, 19:22
Find this comment inappropriate? Report it
Foolish decision by Executor if could have been avoided
by poor on June 11 2009, 19:39
Find this comment inappropriate? Report it
Don't worry Willie and Andre - Your day will come
by Sharemax on June 12 2009, 01:16
Find this comment inappropriate? Report it
A Looter Continua
by Stoftrapper on June 12 2009, 08:00
Find this comment inappropriate? Report it
What a shocking deal by the executor Andre Robberts, is he really looking after the best interest of Basson's estate??
by Unbelievable on June 12 2009, 08:09
Find this comment inappropriate? Report it
And still people buy into Sharemax... I'm starting to lose any sympathy for the idiot investors who'll no doubt express complete surprise when this blows up in their faces!
by Frank on June 12 2009, 08:23
Find this comment inappropriate? Report it
That whirring sound you hear is Basson spinning in his grave.
by Grant on June 12 2009, 10:48
Find this comment inappropriate? Report it
W.Botha's arrogance,reckless trading and ruthlessness will eventually catch up to him. I will be there the day his empire falls down.
by Liquidate Sharemax on June 12 2009, 11:44
Find this comment inappropriate? Report it
Compelling proof that Basson was right!!! These thieves should not be investing pensioners money!!!
by Shaun B on June 12 2009, 11:45
Find this comment inappropriate? Report it
Property is a good investment, however stay clear from property syndication. Good way to invest in Property in via listed property stocks / unit trusts.
by John on June 12 2009, 14:27
Find this comment inappropriate? Report it
Firstly, the book must be worth more than that. Secondly, as much as I want to see the culprits bite the dust, it is clear that a large portion of the investors are old age pensioners that can ill afford any losses.
by It is mine to avenge, says the Lord on June 12 2009, 14:38
Find this comment inappropriate? Report it
Does anyone know whether somebody did actually apply to win one of their 3 franchises worth R200,000? Did Century 21 not state that they would release the results by 3rd June?
by Harry on June 12 2009, 14:39
Find this comment inappropriate? Report it
Open the web page of your company and face countless articles spreading untruths of your company, then we talk again, specially if the person who spread it lay in a grave. If anyone of you critics invested with Sharemax in the last 6 years and made your . .more
by Vic on June 12 2009, 19:27
Find this comment inappropriate? Report it
No Vic. I'll throw my lot in with Basson any day. He was a decent man with a degree of courage and ethics so lacking elsewhere in the world.
Even though he is dead his example and ideals speak volume beyond the grave. Yours will too, albeit for . .more
by W on June 12 2009, 21:08
Find this comment inappropriate? Report it
So what is the solution?
by Leon on June 16 2009, 18:08
Find this comment inappropriate? Report it