简体中文
繁體中文
English
Pусский
日本語
ภาษาไทย
Tiếng Việt
Bahasa Indonesia
Español
हिन्दी
Filippiiniläinen
Français
Deutsch
Português
Türkçe
한국어
العربية
The Youngest Millionaire in South Africa Has Been Arrested for 'Fraud'
Abstract：Sandile Shezi, South Africa's youngest self-proclaimed millionaire, has been detained by police.
Shezi, who has been charged with fraud, gave himself over in the company of his attorneys, according to Gauteng police spokesperson Capt Mavela Masondo.
“I can confirm that he was detained.” On fraud accusations, he will appear in Randburg magistrate's court tomorrow.
Shezi, a Durban resident, was accused with cheating his business partner and shareholder, Global Forex Institute [GFI], out of R500,000.
GFI bills itself as a forex trading school that teaches customers how to set up their own trading platforms.
Shezi, who is supposedly SA's “youngest millionaire” and has no qualms about flaunting his Mercedes-Benz G-Wagon and Maserati, was served with an arrest warrant.
Disclaimer:
The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.
Read more
FCA Overhauls Rules on Non-Financial Misconduct in Financial Services
The FCA has launched a new consultation to strengthen rules against non-financial misconduct, aiming to align standards across the financial services industry and bolster public trust.
Pocket Option: The Broker With No License and Plenty of Risk
No regulation. No oversight. No safety net. Pocket Option is a trap too many traders walk into, only to lose their funds with no way back.
Pocket Option: The Broker With No License and Plenty of Risk
No regulation. No oversight. No safety net. Pocket Option is a trap too many traders walk into, only to lose their funds with no way back.
Forex VS Futures: Which One Should You Choose?
If you could only trade in one market for the next five years, would you choose forex or futures?
WikiFX Broker
Latest News
Elon Musk's xAI raises $10 billion in debt and equity as it steps up challenge to OpenAI
WikiFXEuropean Central Bank's tightening cycle is done,' chief economist says
WikiFXACY Securities Expands Crypto CFD Offering with 24/7 Trading Access
WikiFXRevelation: Makeup Artist, Social Media Influencer Involved in INR 1.62 Cr Forex Trading Scam
WikiFXSocial Trading Goes Mobile at M4Markets
WikiFXCapital.com Strengthens UK FinTech Ties with Key Memberships
WikiFXCrypto Craze Fizzling Out? Here is Why
WikiFX10-year Treasury yield ticks higher as investors eye jobs report
WikiFXPublic companies bought more bitcoin than ETFs did for the third quarter in a row
WikiFXTokenized Stocks: Innovation or Just Another Wrapper?
WikiFXCurrency Calculator
