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.
Thousands of Swiss nationals stuck in middle east
Bern says it’s not able to repatriate thousands of Swiss citizens who are either resident in the middle east - or stranded as their flights have been cancelled.
Anti-war demonstrators in Geneva
Around a hundred people gathered in Geneva yesterday evening to protest the war in Iran.
Parmelin signs EU deal
Swiss President Guy Parmelin met European Commission President Ursula von der Leyen in Brussels yesterday to advance a new package of bilateral agreements between Switzerland and the EU.
Parliament moves closer to end murder loophole
Switzerland is moving closer to abolishing the 30 year statute of limitations for murder.
Water worker buried alive
A worker has died after being buried alive in canton Fribourg.
Petition for quiet cars on trains
A woman from Biel in canton Bern has launched an online petition calling for quiet carriages in second class on Swiss trains.
