SA’s youngest millionaire arrested for ‘fraud’

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South Africa Headlines News

SA’s youngest self-proclaimed millionaire Sandile Shezi has been arrested by police.

Gauteng police spokesperson Capt Mavela Masondo said Shezi, who has been charged with fraud, handed himself over in the presence of his lawyers on Wednesday.

“I can confirm that he has been arrested. He will appear in Randburg magistrate’s court tomorrow [Thursday] on charges of fraud.” Shezi, who is from Durban, was charged for allegedly defrauding his business partner and shareholder in his business Global Forex Institute [GFI] out of R500,000. GFI is marketed as a forex trading training institute, which trains people to set up their own trading platforms.

A warrant of arrest was issued earlier this month for Shezi, who is reportedly SA’s “youngest millionaire”, and has no qualms about showing off his Mercedes-Benz G-Wagon and Maserati.

 

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Best news ever, FINALLY!!!!!! 🙌🏽🙌🏽🙌🏽🙌🏽

THESE FOREX GUYS ARE SCRUPULOUS HEARTLESS CROOKS WHO THINK ABOUT MONEY NO MATTER HOW THEY GET IT

These Black excellence guyz

Why is black power arresting this poor black child. This is what his black power forefathers & black power government taught him, to steal, nothing wrong with this at all. Viva black power corruption, amandlaaaa!

Why does this always happen to forex people So it is true that you can't be rich unless you take some form of shortcut?

All this Nigerian out there driving expensive cars, partying each and every day but not working u guys can't arrest them, but putting soo much effort to arrest a, so called self proclaimed millionaire shame on this police and government.

But SAPS can't arrest Zweli Mkhize, Mbalula, Zizi Kodwa Mantashe, Mabuyane etc just to name a few thieves of the ANC

He is going to say it's a racist plot

Short cuts in life are always not good in the end

Hood he csn stop roaring around Umhlanga In his suped up luxury vehicle

Huh Kwenzenjani bathong 🤔👌

Why do blacks do this to themselves , stop showing off stolen money

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