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Diamond dealer Louis Liebenberg together with his wife Dezzi, as well as their seven co-accused, have been formally charged at the Bronkhorstspruit Magistrate's Court. The suspects were arrested in Gauteng and the North West during a multidisciplinary operation on Tuesday and Wednesday. Liebenberg, who is believed to be the mastermind, allegedly advertised unpolished diamonds on social media and invited potential investors to invest in his business, with a promise of a lucrative return which never materialised. The investors were allegedly scammed of more than R4 billion since 2019. SABC News Reporter Hasina Gori is following the court proceedings and she joins us live. For more news, visit sabcnews.com and #SABCNews on all Social Media platforms.