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Kipi South Africa
A so-called stokvel, Kipi Investments – also known as Kipi Investment Dreams and Mydeposit247,started by Chris Walker (of DefenceX Ponzi). Kipi's official company line for its demise is attributed to a hacking incident(([[https://www.timeslive.co.za/sunday-times/business/2016-02-14-suspect-pyramid-scheme-blames-cash-standstill-on-hacking/]]))


=== Also Known As ===
  * [[http://www.mydeposit247.co.za/2014/07/the-kipi-investment-dreams-and.html?m=1|My Deposit 247]]
  * [[https://website.informer.com/mydeposit241.co.za|My Deposit 241]]


=== People Involved ===
  * [[johannsteynberg|Johann Steynberg]]
  * [[Werner Hattingh]]

=== Kipi SA in the news ===
  *  Suspected pyramid scheme Kipi Investments hacked - [[https://nationaldebtadvisors.co.za/nda-blog/suspected-pyramid-scheme-kipi-investments-hacked/|National Debt Advisors]]
  * Pyramid scams thriving in SA - [[https://www.iol.co.za/personal-finance/pyramid-scams-thriving-in-sa-1980769|IOL]]
  * Kipi SA - [[https://website.informer.com/kipisa.com|Website Informer]]
  * https://www.iol.co.za/personal-finance/be-cautious-about-kipi-1856079