Web Analytics
Man loses US$4.5k in forex deal

Man loses US$4.5k in forex deal

Michael Mashiri

A man has been taken to court for fraud after generating a fake proof of payment which claimed he had paid more than RTGS$28 million to the complainant in exchange for US$4 570.

Jeffers Chipwangira, 29, of Dzivaresekwa Extension appeared before the Harare Magistrates’ Courts facing fraud allegations.

The State, through prosecutor Zororai Nkomo, alleges that Chipwangira who was with one Farai Seseko, contacted the complainant and lied that he had RTGS$28 096 895.60 for which he wanted US$4 570.

Chipwangira generated a fake proof of payment showing transfer of the RTGS$28 096 895.60 in the complainant’s bank account.

The complainant believed the fake proof of payment and gave Chipwangira US$4 570.

Later, the complainant realised that no money had been deposited in the account leading to a US$4 570 loss.

Chipwangira was ordered to pay US$50 as bail.

He will appear in court on September 20 for his routine remand.

Leave Comments

Top