South Africa cracks down on investment scams

The authorities have arrested and charged several people suspected of involvement in fraudulent schemes

Six suspected investment scammers, along with 25 call center agents, were arrested on Tuesday in Johannesburg during a major crackdown by South African police.

They have been charged with contravening the Financial Advisory and Intermediary Services Act. The suspects, aged between 38 and 61, were apprehended during a joint takedown...