Row simmering between Pickvest and investors

While Pickvest (formerly Picvest and PIC Syndications) insists that it has not breached any laws regarding the property syndications they have in their portfolio, Pierre Hough, a business law strategist is adamant that the investments were dodgy as R3,5 billion of investors' money was released before the properties were transferred to the syndication vehicle, reports The Citizen.