“Reports indicated that the suspect lured potential investors to invest in a real estate company, of which she was the sole director, with a potential return on their investment,” Swartboy said.
Several victims invested more than R5 million in funds between 2021 and 2022. However, the suspect embezzled the money that was paid directly into her bank account. The investigating officer continues to gather information to build a strong case.”
Her case is scheduled to be heard in Wynberg Magistrates Court.