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10 Proven Strategies to Improve Your Lead Conversion RateAn intensive fraud investigation in connection with a housing development in Mfuleni culminated into the arrest of four suspects yesterday, who will now face the charges against them in Blue Downs court today.
Seasoned detectives attached to the Western Cape Commercial Crimes Unit were assigned to investigate allegations of fraud after the City of Cape Town made available plots for a housing development in Ext 2 in Mfuleni during last year. Two City of Cape Town officials collaborated with two others to market these plots and with their criminal scheme they persuaded 11 prospective buyers to deposit large sums of money into a bank account which was shared with the two officials.
This fraudulent scheme resulted in a financial loss of R900 000-00 suffered by the victims for real estate that they never received ownership of. The two City of Cape Town officials are aged 51 and 55 and the two other suspects are 28 and 36 respectively. As the investigation unfolds, more arrests could be made.Ladismith Regional Court sentences accused to eight years direct imprisonment in different drug casesThe views of authors published on South Africa Today are their own and do not necessarily represent the views of South Africa Today. By viewing, visiting, using, or interacting with SouthAfricaToday.
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