Kokstad investors cry for returns

2016-04-29 06:00
PHOTO: sourced One man invested R60 000 and is waiting for his returns.

PHOTO: sourced One man invested R60 000 and is waiting for his returns.

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SCORES of people from Kokstad and surrounds are crying for the return on the money they invested in Noble Dream Investment Plan as promised.

Fever published a story on 15 April about the scheme founders who had opened a case of business burglary when two men stormed into the office demanding the money they had invested back.

The founders were not in the office at the time, so the men took office equipment, including two tables, a wall clock, camp chairs, 10 office chairs and a computer instead.

Thereafter the offices were closed due to security concerns.

Scheme founder Siyabonga Sithole told Fever then that investors would get their investment return between 25 and 31 April.

On Monday investors, coming from as far as Umzimkhulu and Mount Ayliff, waited from 4am at the Kokstad Guesthouse for the scheme bosses to arrive, but were removed by a private security company, so they parked their vehicles at a nearby park.

“We waited until sunset, and during the day one of the scheme founders arrived escorted by police, but he never spoke to us about our money. Instead he ran to the police station and we followed him inside, but police told us to get away.

“We asked police to allow the scheme founder to tell us when we would get our money, but the police refused saying they can’t help us,” said an investor who wanted to remain anonymous for safety reasons.

Fever understands that the people who invested money include unemployed, professionals and small traders.

A 31-year-old man invested a R39 000, another invested R6 000 and another R60 000 and said the scheme looked safe and were told by the scheme bosses that their money would not vanish.

“I trusted them because they are from Kokstad and I know where they live, but I also know that people are being robbed by investment companies who come and go.”

A 23-year-old investor showed Fever journalist an SMS that said she must sent her bank account number to the number on the SMS in order for her to be paid out. She said there was no indication on the SMS of when the money would be deposited into her account.

Fever journalist tried phoning investment founders, but phones were unanswered.

Police spokesperson Lieutenant Dumisani Ncongo said people have not learnt from other bogus investment schemes who have disappeared with people’s money.

“People have been warned several times about scams. These investors must open a case at the police station or get legal advice on what steps they should take to get their money back.”

At the time of going to press no one had got their money back.

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