Thabo Bester and Dr Nandipha made millions from construction company

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Clients of Arum Properties told GroundUp that soon after signing on and paying their deposits, they started to realise that something was wrong.

The couple convinced several people to pay millions of rands for construction projects, but never delivered the goods.

“TK” used social media accounts linked to Magudumana, including Arum Properties and I Media, to approach models or people with large social media followings. In at least one instance, someone was asked to travel to Cape Town at their own cost to audition for a purported Netflix show called “Hot Property Chick”.In August 2022, Arum Properties hosted a “Women in Property” brunch at Magudumana’s rented mansion in Hyde Park. The event was attended by several Johannesburg businesswomen.

Clients told GroundUp that administrative processes at the company were sluggish. Line items would be added to invoices without consultation and there would be endless delays. The actual construction was outsourced to subcontractors and very little work was done. The property manager told GroundUp that the couple had also rented the house next door, which was being renovated by Arum Properties. The landlord had approved the renovation and had been led to believe the house would become Magudumana’s new wellness clinic.According to the Sunday Times, Bester was living a luxurious life after escaping from prison. A watch worth R1.5-million was found on a bedside table after Bester and Magudumana vacated the house, the Sunday Times reported.

In the wake of our reports, the sole director of 21st Century Media Ltd, Phumudzo Thenga, released a statement saying she had been scammed by Bester and Magudumana. Thenga said that she had lost money in the business and that she had been scammed into making payments to Magudumana’s company, Optimum Medical Holding Group.

 

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GROUNDUP: Thabo Bester and Dr Nandipha Magudumana made millions from construction companyBester used an ID and driver’s licence in the name of 'TK Nkwana' after escaping from prison. Why are their pictures animated Surely those blue light vehicles used during forced removal of furniture can be traced to the person who authorized its usage.These 2 con artists worked in cahoots with big names.
Source: dailymaverick - 🏆 3. / 84 Read more »