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Popular Forex trader charged with 194 counts of fraud


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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