An investigation is reportedly underway into what is being described as "preferential treatment" afforded to SA diamond merchant LOUIS LIEBENBERG, who is accused of defrauding investors of the equivalent of USD$200m, due to his alleged close relationship with his country's former president. There are forty-two counts pending against him and his wife, including racketeering, money laundering, fraud, and theft, and their trial has been pushed off to July. He has been referred to by his victims as a diamond scam kingpin. Some of the minor co-defendants have already been granted bond.
Both defendants remain in police custody; is the South African Police Service extending courtesies to them, due to their political connections? bond hearings for them appear to have now been scheduled. The case has stirred public anger since their arrest due to strong public sentiment concerning favoritism allegedly afforded wealthy white-collar defendants in South Africans.
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