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Pastor charged with fraud after congregants who invested in his company lose millions

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Free State Hawks say Pastor Seth Malefetsane Radebe promised his victims lucrative returns after a year of investing but never got a cent and instead lost their money. Hawks

Johannesburg - Pastor Seth Malefetsane Radebe who appeared in the Kroonstad Magistrates’ Court on fraud charges on Tuesday, has been released on R10 000 bail.

The Hawks arrested the 47-year-old pastor for fraud after some of his congregants allegedly lost millions of rands they had invested in his company.Free State Hawks spokesperson Captain Christopher Singo, said the victims allege that Pastor Radebe of Sanctuary Haven, convinced them in 2013 to invest in his company, Sanctuary Haven Properties.

Singo said the victims were promised lucrative returns after a year of investing. Unfortunately, he said, they never received a cent.

 

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