Axidex and Innoven Consulting (the organisers) were ordered to cancel a planned seminar titled “Fronting has a legal zone, let us show you where it is”. The seminar was scheduled for October 2016. The organisers were further instructed to refund registered individuals, this according to a DTI statement.
Encouraging fronting practices is deemed as a criminal offense and may carry a ten-year prison sentence for offenders. The DTI met with representatives from the two organisations to investigate the matter further, with a view of concluding the process.