Durban man arrested for allegedly fleecing victims of millions in housing scam

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A Durban man’s eight-year crime spree came to end when police arrested him for allegedly defrauding unsuspecting victims of about R18m by claiming he was building houses at cost price and making off with their deposits.

A Durban man has been arrested for allegedly defrauding victims of about R18m in a housing scam.

Police spokesperson Capt Nqobile Gwala said the man was traced to East London where he was arrested and charged with fraud. He and five women were expected to appear in the Durban magistrate’s court on Tuesday to face fraud charges. “It is alleged a 48-year-old man who is the mastermind behind the scam would post an advert in newspapers claiming his company was building houses at a reduced fee.

 

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Eish the stupid he should have joined the anc then he would have got the same treatment as diko, just moved to another dept

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Durban man arrested for allegedly fleecing victims of millions in housing scamA Durban man's eight-year crime spree came to end when police arrested him for allegedly defrauding victims of about R18m by claiming he was building houses at cost price and making off with their deposits. WHEN WILL THE SAME KIND OF JUSTICE BE APPLIED IN THE CAPE?!
Source: TimesLIVE - 🏆 28. / 59 Read more »