Suspect linked to Undercover Billionaires Company to appear in court - SABC News

The suspect was arrested while attending the funeral of the Mamelodi Sundowns public relations officer Alex Shakoane in Mamelodi, east of Pretoria, on Tuesday.

The Hawks say he’s been on the run for two years after police opened an investigation into the unregistered investment scheme company. He is expected to appear alongside a 34-year-old suspect who was nabbed at a residence in Kempton Park. The two are facing charges of fraud, theft, money laundering and contravention of the Financial Advisory and Intermediary Services Act.

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

African digital credit company M-Kopa signs $255 mln in new fundingAfrican financing platform M-Kopa has signed a total of $255 million in new debt and equity from Standard Bank and Sumitomo Corporation among others to fund its expansion in Sub-Saharan Africa, M-Kopa said on Monday.
Source: ReutersAfrica - 🏆 31. / 53 Read more »

WATCH: Solar company takes aim at Eskom and loadshedding | East Coast RadioWith loadshedding continuing to be a major pain for all South Africans, here's an example of one company trying to make a difference.
Source: ecr9495 - 🏆 38. / 51 Read more »

Elon Musk’s X Corp buys first companyThe parent company of Twitter has acquired tech talent recruiting service Laskie, according to a person familiar with the matter.
Source: mybroadband - 🏆 11. / 67 Read more »