Nyashadzashe Ndoro
Chief Reporter
The Zimbabwe Anti-Corruption Commission has arrested five members of a bogus housing scheme for allegedly defrauding 250 home seekers of more than US$200 000.
Tinomudaishe Muraicho and Tafira Makochekeranwa who are co-directors of Swandev Private Limited, together with Tichaona Murundu (the Chairperson of Homeseekers for ED), Farai Nyandoro (Chairperson of Pastors for ED) and Rant Dutoit Private Limited co-directors Special Magirazi and his colleague who is still at large, allegedly conspired to subdivide a portion of Elmeswood Farm belonging to Marondera Town Council and sold residential stands to unsuspecting home seekers.
Through the fraudulent housing scheme, the syndicate allegedly collected a US$50 registration fee and additional deposits of up to $500 for stand allocations.
The accused appeared at Marondera Magistrate courts today, August 31, 2024 and were remanded in custody to September 2, 2024 for bail hearing.
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