investment scheme fraudster was sentenced to 19 years imprisonment by the Ficksburg Specialised Commercial Crimes Court for fraud and money laundering.
Between April 2020 and March 2021, Titus operated a bogus investment scheme that promised people high results if they invested in his company.) spokesperson Lieutenant Colonel Zweli Mohobeleli, 12 victims invested a cumulative R900 000 with Titus, who had promised a 20% monthly interest for investing on their behalf.
Titus appeared in the Ladybrand Magistrates’ Court, and he was released on bail until the finalisation of the matter.
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