Dozens of people in Geneva and neighbouring France have been financially ruined after falling for a Ponzi investment scheme.
The Geneva businessman behind the scheme is now in jail.
The Ponzi plan works by paying early investors with the funds of those joining. It’s the same rip-off that was run by the late New York financier Bernard Madoff.
Swiss French TV says there are around 70 victims. It’s thought the man took CHF 8m from his victims.
More calls from those attracted to children
More people are calling for help, saying they’re sexually attracted to children.
20 year transport plan planned
After the voters’ rejection of the autoroute expansion, the Federal Councillor Albert Rösti is proposing the government come up with a comprehensive transport plan for the next 20 years.
Half of us use Chinese retailers
Half of us buy stuff from Chinese websites – and overall, we’re very happy with our purchase.
New type of car show for Geneva
Although the large-scale Geneva International Motor Show is no more – there will be something for car lovers this year at the Palexpo.
Hundreds of osteopaths to lose licence
Hundreds of osteopaths in Switzerland will be out of work by the end of the week as new rules mean the vast majority will no longer have their qualifications recognised.
Twint refuses to reimburse woman
A Geneva woman who claims her Twint account was hacked is not being reimbursed by Twint or her bank as they claim she must have passed on her personal information.
