Kolping Mbumba
20 June 2016
A Port Elizabeth
man who deceived investors of at least R6 million will have to pay all of the
money back.
The 55-year-old
man is believed to have promised investors their investment would grow by up to
35% a month.
He was found
guilty in the Port Elizabeth Specialised Commercial Crimes Court this week and
sentenced to 10 years in prison.
Hawks
spokesperson Anelisa Feni says the fraudster is also required to pay back an
additional R500, 000 in curator fees.
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