Search on for fugitive fraud accused

2013-10-18 00:00

THE Durban Commercial Crime Unit is looking for information on the whereabouts of a local man who has skipped bail after being arrested for allegedly defrauding a number of people of nearly R1 million.

Sandile Sabelo Ngobese (27) appeared in the Durban Commercial Crime Court, where he was later released on bail.

Police spokesman Colonel Jay Naicker said Ngobese was due to appear in court on July 3, 2013, but never showed up and a warrant for his arrest has now been issued.

According to Detective Warrant Officer Vusumuzi Gumede of the Durban Commercial Crime Unit, it is alleged that Ngobese has scammed approximately 40 victims out of a total of R942 025.

“Sandile used the name ‘Umkhandlu Wesizwe Financial Institute’ for his business based at Commercial City in Central Durban. He had convinced his victims by issuing them with receipts from a receipt book. He also told them they would receive 100% interest in return,” said Gumede.

It is alleged that between April and September 2012 he took different size cash deposits from dozens of investors, most of whom were from the Gauteng region, promising them huge interest on their investments.

Ngobese’s Facebook page named Umkhandlu Wesizwe Financial Institute claimed he had branches in KwaZulu-Natal and Gauteng.

Anyone who may have information about his whereabouts is requested to contact Gumede on 082 557 8054 or 031 327 8800 or Crime Stop on 08600 10111.


Join the conversation! 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. 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
Comments have been closed for this article.

Inside News24


Men.24 Model of the Week: Wendy from Cape Town

Find out more about our featured model, Wendy from Cape Town


You won't want to miss...

Who are the highest paid models of 2017?
10 gorgeous plus-sized models who aren't Ashley Graham
WATCH: Pornhub is giving users free access to premium content these holidays
5 top leg exercises for men
Traffic Alerts
There are new stories on the homepage. Click here to see them.


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 network.


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.