Durban - A police investigation into a property scam in Cato Ridge, outside Durban, where potential buyers have lost millions of rand, may well only be the tip of the iceberg. On Thursday, Pietermaritzburg police issued a statement appealing for information. Colonel Sunil Maharaj of the detective branch said charges had been laid in Pietermaritzburg, Hammarsdale, Westville and Inchanga.“I have four people coming to see me next week, some to do with amounts of R250 000 and R300 000,” he said.
Omar said Singh requested assistance to buy such properties, promising that once she had sold them, she would split the profits. After Omar confronted Singh about ownership of the offered property, Singh allegedly started avoiding her calls. “On the basis on trust, I had given her the money,” said Omar.“I went to my bank, which couldn’t trace it, and made an idiot of myself.”
Omar said she and Singh had once been colleagues, and that Singh had allegedly preyed on other former colleagues.
Source: Real Estate Daily Report (realestatedailyreport.net)
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