Police refuse to take in Langa scamster

2015-04-30 13:41


A group of residents who accuse a Queenstown woman of defrauding them say they want justice and their monies back. 

PHOTO: 
Mandla Mahashe

A group of residents who accuse a Queenstown woman of defrauding them say they want justice and their monies back. PHOTO: Mandla Mahashe

Multimedia   ·   User Galleries   ·   News in Pictures Send us your pictures  ·  Send us your stories

A group of residents from Langa and surrounding areas are seeing red after “wonderful”investment scheme turned out to be dud.

The group, which claims to have about 190 members, is accusing a local women of running a pyramid scheme.

They say that the woman asked them to deposit about R2000 with the promise of returns of up to R30 000.

According to them, the woman arrived from the Eastern Cape in 2014 to make a presentation on this “wonderful investment opportunity” .

Sinethemba was the name of the investment arm

Nomsa Kenana said: “She told us that the money was guaranteed and that we would need to have paid up by the 5 December with the deposits into our bank accounts made on the 15 of the same month.

“It was wonderful and we were all keen and she even made the deal sweeter by telling us that we don’t need to pay the full amount. We could invest R180 every month,” she said. She said that the woman also sweetened the deal by offering up to R10 000 to assist members with family funerals, weddings and initiation ceremonies.

By June they were told by this lady that each member should have deposited at least R1080 by the first of June and many did, she said.

“In December people rushed to finish the payments and many of us did. We were excited on the 15th and we waited patiently but the money was never deposited.

We called her and she said that it will be sorted and we have been waiting for the money ever since,” she said.

The group opened a case of fraud against the woman in March when they found out that she was in Khayelitsha presenting to other groups.

“We went there with police and she was taken in for questioning but she continued to make promises. We are sick and tired of her promises,” she said. She said that the members recruited family members and friends to this scheme and as a result there were now tensions as people are calling them thieves.

When City Vision contacted the woman she said she told the members to be patient as there was a misunderstanding.

“In the beginning I explained to them that the money would be invested in MultiMix line marketing scheme. We need to fill 6 boards there and so far we have four and the only way we can do that is if people recruited more people,” said the woman.

She said that she was planning on sourcing funding from “overseas people” to fill in the rest of the boards.

“I am working on that so that they get all their money and I hope I can double it for those that want to leave the project,” she said.

Langa police spokesperson Warrant Officer Odwa Makupula said that they were investigating the matter.

“The suspect has not been arrested as the investigating officer needs more evidence from the complainants and this has been hard to come by as there are a few members that have come forward,” said Makupula

Join the conversation!

24.com encourages commentary submitted via MyNews24. Contributions of 200 words or more will be considered for publication.

We reserve editorial discretion to decide what will be published.
Read our comments policy for guidelines on contributions.

24.com publishes all comments posted on articles provided that they adhere to our Comments Policy. Should you wish to report a comment for editorial review, please do so by clicking the 'Report Comment' button to the right of each comment.

Comment on this story
0 comments
Comments have been closed for this article.

Inside News24

 
PARTNER CONTENT
INFOGRAPHIC: New thinking required for retirement

Everything we believe about retirement is fast becoming outdated.

PARTNER CONTENT
WATCH: How education can change a life

A university education gives students the chance to create a better future for themselves, their families and to opportunity achieve their dreams.

/News

Book flights

Compare, Book, Fly

Traffic Alerts
Traffic
There are new stories on the homepage. Click here to see them.
 
English
Afrikaans
isiZulu

Hello 

Create Profile

Creating your profile will enable you to submit photos and stories to get published on News24.


Please provide a username for your profile page:

This username must be unique, cannot be edited and will be used in the URL to your profile page across the entire 24.com network.

Settings

Location Settings

News24 allows you to edit the display of certain components based on a location. If you wish to personalise the page based on your preferences, please select a location for each component and click "Submit" in order for the changes to take affect.




Facebook Sign-In

Hi News addict,

Join the News24 Community to be involved in breaking the news.

Log in with Facebook to comment and personalise news, weather and listings.