Durban law firm to challenge ruling over Ponzi scheme payback

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Durban law firm to challenge ruling over Ponzi scheme payback

The former client had invested in the scheme run by a lawyer who has since committed suicide

Tania Broughton

KwaZulu-Natal law firm Garlicke and Bousfield has raised constitutional issues in its application for leave to appeal a damning judgment. 

Last month the firm was found liable to pay back a former client money he lost through what turned out to be a Ponzi scheme being run by once respected attorney Colin Cowan from its offices.

While the firm is asking Pietermaritzburg High Court judge Jermone Mnguni for leave for the matter to be heard by the Supreme Court of Appeal, it could ultimately end up before the apex court...

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