Fraudster sentenced 19 years for investment scam

  • 📰 TheCitizen_News
  • ⏱ Reading Time:
  • 23 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 75%

대한민국 뉴스 뉴스

대한민국 최근 뉴스,대한민국 헤드 라인

Fraudster Abert David Titus was sentenced to 19 years for running a fake investment scheme. He scammed 12 victims out of R900,000.

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.

이 소식을 빠르게 읽을 수 있도록 요약했습니다. 뉴스에 관심이 있으시면 여기에서 전문을 읽으실 수 있습니다. 더 많은 것을 읽으십시오:

 /  🏆 6. in KR
 

귀하의 의견에 감사드립니다. 귀하의 의견은 검토 후 게시됩니다.

대한민국 최근 뉴스, 대한민국 헤드 라인