In June 2020, Imanuwela David escaped from South Africa to Namibia, about four months after his alleged involvement in the theft of millions of dollars hidden in a sofa at President Cyril Ramphosa’s Phala Phala game farm.
Prince Mazibuko, 28, looks like any other wealthy up-and-coming young man: flashy cars, flashy suits, expensive watch. Someone you can trust with your investments right?
Popular Forex trader charged with 194 counts of fraud News24.com Prince Nkosinathi Mazibuko Photo from Instagram.
KwaZulu-Natal Hawks have arrested a popular Forex trader on 194 charges ranging from
fraud, theft, and contravening various financial acts to the tune of
R735 000.
Prince Nkosinathi Mazibuko, 28, is accused of scamming people and getting them to invest in his company Born Rich Group (Pty)
Ltd with the promise of an 80% monthly return.
“However, Mazibuko
never paid the promised monthly returns nor the interest back to the
complainants. The total value involved is R735 000.00,” said KZN Hawks
spokesperson Captain Simphiwe Mhlongo.
He faces 194 charges of
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