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Philippines' Cebu Air Refunds $153 million to Customers

(Bloomberg) Cebu Air Inc., the largest Philippine budget carrier, said it refunded 7.7 billion pesos ($153 million) to customers, completing requests for reimbursements that were filed until June due to the pandemic. ....

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Trail of Brothers Linked to Missing Bitcoin Stash Is Still Murky


Trail of Brothers Linked to Missing Bitcoin Stash Is Still Murky
Jun 28 2021, 8:51 AM
June 27 2021, 6:42 PM
June 28 2021, 8:51 AM
(Bloomberg)
(Bloomberg)
The Cajee brothers, who ran a cryptocurrency investment platform from South Africa that the local regulator suspects of being a Ponzi scheme, are confounding both their family and desperate investors alike.
It’s still hard to establish the whereabouts of Ameer and Raees Cajee, the pair that operated Johannesburg-based Africrypt since 2019. They appear to have vanished, along with an estimated $3.6 billion in Bitcoin an amount that a lawyer for the brothers said was inflated.
Attorney Gerhard Botha, who’s working on the firm’s liquidation case, said some of his clients last made contact with the brothers in May, and he was able to reach them before court proceedings kicked off in Johannesburg. But no “proactive response” was forthcoming from them, Botha said. ....

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